Smart Money Experts On Financial Wellness Gender Gap

Apr 17, 2017

Women need to save 28 percent more than their male counterparts to achieve the same standard of retirement living, according to a Financial Finesse 2016 study.
Credit Dave Dugdale / Flickr - CC

Several factors influence a person's financial health: age, career choice, dependents ... but gender? According to a 2016 report by Financial Finesse, a firm that manages financial wellness programs for employers, women are not as financially secure in the long-term when compared to their male counterparts, especially among millennials. Today, the Smart Money Experts discuss methods of closing that gap and suggest budget workouts to help achieve fiscal fitness.