Women in high-paying jobs have it better than their sisters in low-paying jobs, but that's not going to help them be as well prepared by retirement as men in high-paying jobs.

In fact, they'll be trailing their male counterparts by a whopping 38 percent.

The Independent reports on a new study from UBS Wealth Management, which says that not only do women in those highly paid jobs make $800,000 less than their male colleagues in comparably paying jobs over their lifetime, but they'll on average be 38 percent poorer than their male colleagues when they reach old age.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.