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Financial survey: Women in US have just 1/3 of men's retirement savings
New York — Women in the U.S. have saved just a third of the amount that men have set aside for retirement, setting up a potential crisis among female retirees, according to a Prudential Financial survey released on Monday.
On average, men had saved $157,000 for retirement, while women had only put aside $50,000 according to a survey of 905 U.S. adults between the ages of 55 and 75.
"The financial futures of certain cohorts – such as women – are especially precarious," Caroline Feeney, CEO of Prudential's U.S. Businesses...