On March 8, we observe International Women’s Day, a celebration of the social, economic, cultural and political achievements of women.
Of course, women still tend to encounter more obstacles than men in the pursuit of financial security. Let’s consider a few of them.
To begin with, women are still more likely to leave the workforce, at least temporarily, to raise children, resulting in lower contributions to employer-sponsored retirement plans such as 401(k)s. And women are often the ones who become full-time caregivers of aging parents or other relatives.
Caregiving duties can exact a big fin...
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