I’ve heard it mentioned that women need to earn higher returns on their investments than men. Why?
Some analysts say that, because women usually earn only 60-70% of what men make, they have to catch up by making sure they earn higher returns on their investments. This may be valid in many situations, and I do not dispute their answer. However, even if we assume there is no difference in pay between genders, women still need to earn a higher return simply because usually they live about six years longer than men do.
According to the National Council for Health Statistics, among all Americans born in 1950 who attain age 65, men are projected to live to age 81 while women are projected to live to age 87. This means that because many women often care for the children, they spend fewer years in the work force and enjoy fewer pension benefits.
Some analysts say that, because women usually earn only 60-70% of what men make, they have to catch up by making sure they earn higher returns on their investments. This may be valid in many situations, and I do not dispute their answer. However, even if we assume there is no difference in pay between genders, women still need to earn a higher return simply because usually they live about six years longer than men do.
According to the National Council for Health Statistics, among all Americans born in 1950 who attain age 65, men are projected to live to age 81 while women are projected to live to age 87. This means that because many women often care for the children, they spend fewer years in the work force and enjoy fewer pension benefits.
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