Gender Retirement Gap
Income Insights, October 2016
10 Pages Posted: 3 Jan 2017
Date Written: October 26, 2016
Many people save for retirement through their employer, who in turn applies gender-neutral saving rates, investment choices, and spending strategies in retirement. Intuitively this creates a sense of fairness, but this intuition masks the reality that many women face. Lifetime earnings and spending in retirement are anything but average for women. Consequently, the challenges women face are arguably greater than those confronted by men.
Keywords: Gender, Retirement, Annuities, Lifetime Income, Gender Retirement Gap
JEL Classification: A10, D03, D12, J16, J26, J32
Suggested Citation: Suggested Citation