Women’s Savings Accounts Took a Hit During the Pandemic, Unlike Mens

In retirement, women are 80 percent more likely to live in poverty as compared with men, according to AARP.Fizkes/Shutterstock

When it comes to retirement savings, women have been lagging behind men. Just how bad is it? In retirement, women are 80 percent more likely to live in poverty as compared with men, according to AARP.

And, the pandemic has made this disparity even worse. According to an analysis from Age Wave and Edward Jones, the pandemic drastically altered the retirement plans of approximately 69 million Americans.