Women's Savings Far Lags Men's. How Smart Investing Can Help Close That Gap.

According to the U.S. Department of Labor, women working year-round are paid only 83.7% of what men are paid, and the disparity is even larger for Black and Hispanic women. It also exists at every education level. Further, the U.S. Census Bureau says that 50% of all women ages 50 to 66 have no personal retirement savings, and only 22% have $100,000 or more put away.