woman seen from behind looking at charts and financial data (Photo: Shutterstock)

While women are taking increasing responsibility for their financial wellbeing and retirement preparedness, their financial literacy continues to lag behind men, according to the latest Women's Retirement Literacy Report by The American College for Financial Services. The good news is women tend to be more humble in their evaluations of their financial knowledge and are more open to receiving financial advice than men, the study found.

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