The loss of 401(k) savings and Social Security credits add up
Women who take time out of the workforce for family caregiving needs face a number of financial obstacles and face an increased likelihood of having to return to work after retirement due to lack of sufficient funds.
That’s one takeaway from a recent Schwab study that found that 30% of women who had taken time out of the workforce returned to work after having retired, compared to 14% of men who also had taken time out of the workforce.
Women…