Women, you already know life isn’t fair. It’s the same way with retirement savings, and we’re seeing newly published proof of that.
When it comes to how men and women save for their golden years, new research by retirement giant Vanguard discovered two conflicting trends:
Women are more conscientious about joining their employer’s 401(k) plans. Fewer men than women join unless there’s automatic enrollment. The biggest difference is in the $50,000 to $75,000 income range, where 81% of women keep 401(k) accounts compared with only 67% of men. Weirdly, however, men tend to have more retirement savings than