Equal Pay Day, which was April 4 this year, highlights the gap between women's and men's paychecks, calling attention to the fact that women must keep working for more than three additional months in order to earn the same amount of pay that men collected by the end of the previous year.

But that's not all that affects women's lives both now and in old age. A NerdWallet study listed the obstacles to women's ability to end up with the same amount of retirement savings as men: fewer chances to work in upper management positions (with their attendant higher salaries), gaps in working due to caregiving and/or childbearing and a longer lifespan that actually means they need more retirement savings than men do.

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