When women know more, they save more—and that canhelp them close the gap in retirement savings between men and women.

A study from the Center for Retirement Researchat Boston College has found that more workplace education onfinancial literacy has an effect that normal financial literacyeducation does not, spurring workers to budget and save more—andthat’s especially true for women.

Women face obstacles that men do not when it comes to savingenough for retirement. Examples include lower-paying jobs, timelost from the workforce, longer lifespans—not to mention the factthat many have no exposure to retirement plans at work,particularly if they only have part-time jobs.

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