“Even before Covid-19 shuttered economies across the world, many women faced retiring with less savings than men. Now, that gap is set to widen further in some of the world’s biggest pension systems,” reports The National.
“In an April survey, fielded after several states issued stay-at-home orders and large sections of the US economy were temporarily shut down, 25 per cent of women said their confidence in their ability to retire comfortably had dropped due to the pandemic, compared to 21 per cent for men. Some 39 per cent of women aren’t saving for retirement, compared to 22 per cent for men.”
Joshua Holt is the founder of FIREwire, a site that aggregates personal finance, investing and financial independence stories. He is also the creator of