Addressing the retirement savings gap
Women retire 30% less wealthy than men
Findings from the 2nd annual Mercer Retirement Readiness Barometer
Women need more but retire with less
savings gap
Women on average, retire $30,000 less wealthy than men, who retire with balances of $100,000.
Women have a lower annual income and lower quality of life at retirement.
Women's overall savings rate is almost 1% lower than men's.
Women must work at least two extra years to be retirement ready.
Despite doing everything right relative to savings, structural factors are preventing the savings gap from closing.
Prevailing headwinds facing women
Women are good, if not better than men, at investing
In every age group, accounts held by women showed slightly higher returns.
Women have a greater affinity for diversified solutions.
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