Many Americans have insufficient retirement savings, but women are particularly at risk. A new Clever Real Estate survey of current retirees found that women have an average of $261,763 in retirement savings — nearly $70,000 less than men, who have $330,305 on average. That gap has real consequences for women’s long-term financial security.
In this “Financially Savvy Female” column, we’ll explore why the divide persists and how it leaves retired women particularly vulnerable.
