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Bridging the Gap: Why Women Lack Confidence in Their Retirement Plans

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Less than 1 in 5 women have expressed confidence in their ability to seek a comfortable retirement, despite the many years spent in employment. Data from a new report showed that women are not confident about retiring in an ideal way, having relatively lower amounts of savings under their name to support this future. With significant caregiver responsibilities weighing on them and societal pressures adding to the challenge, retirement concerns have grown significantly over the last few years. As HR professionals, understanding these challenges is a prerequisite for securing a space for women in the workforce.&n

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