Middle-aged and older women are saving for retirement in a proportion close to that of men, but theyve lost more than they can make up in the time they have left.
The National Institute of Retirement Security says the nation faces a $6.8 trillion deficit in retirement savings, with the problem especially grave for minority households.
Transamerica's Center for Retirement Studies says its latest survey once again shows women are at greater risk of failing to achieve a financially secure retirement compared to men.