Women earn less than men on average. That's bad.
Women often take time out of the paid workforce to bring up their families. That's good for the kids, but not necessarily for mum. Women prioritise family needs over their own retirement plans. That's good for the family, but perhaps not for themselves. Women live longer than men, on average. That's hopefully good, assuming they remain healthy. Put the four together and the effect on women's pensions can be devastating. Lower earnings mean less money available to save. Time out of the workforce means gaps in retirement provision. Short-term financial priorities mean lower percentag...
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