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Understanding and Avoiding the Wage Gap
We’ve all heard of the wage gap. Most recently reported that women make $0.82 for every dollar that a man makes in a similar role. Adding to that, women miss out on many aspects of earning such as salary increases, bonuses, executive compensation opportunities, 401k and company match. The savings gap grows too leading to a wider wealth gap. All told, there’s a cumulative $1,055,000 lifetime average wealth gap between men and women at retirement age.
Barbara J. Best, AIF
Barbara Best, AIF® is a Founder and Principal of CAP STRAT, and Founder of the CAP STRAT Women's Forum
Nancy M. Rizzuto
Nancy is a Principal and founding partner of CAP STRAT, and Founder of the CAP STRAT Women's Forum
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