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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Women Face Higher Risks of Missing Retirement Goals Amid Trump's Tariff-induced Market Turmoil

Women are overrepresented in low-paying jobs. (Credit: brenkee/Pixabay.com)

Women have retirement account balances 30% lower than men but at the same time live longer than them, according to BlackRock research. Lower earnings and caregiving responsibilities make it difficult for women to save for retirement.

The gender pay gap also impacts the ability of women to save adequately. Women earn 83 cents for every dollar earned by men.

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