Gender Disparities in Retirement
- By Marlene A. Prost, Human Resource Executive Online
'[A]ging is a woman's world,' says Joseph Coughlin, director of the MIT AgeLab. 'She is likely to outlive her male counterpart, remain active longer, and be responsible for caring for him and others -- so it only makes sense that she is more worried about how she is going to live than about what she is going to be doing.'
The irony is that women work fewer years -- often opting out for the family --so they have less money saved. Yet they will probably outlive their spouses and end up supporting themselves.