The Financial Divide: The Wealth Gap
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Women are slowly catching up to men when it comes to financial security, but large gaps persist. These gaps in income and wealth can present long-term financial planning issues, such as ensuring that women have enough financial resources throughout their lifetime.

Here’s a look at some key statistics related to the wealth gap between men and women:

Income1

Women earned 78.3 cents for every $1.00 earned by men in 2013.

Average U.S. life expectancy2

Women:   81
Men:        76

Working years3

Due to caregiving, women work 12 fewer years than men do over their careers.

Total earnings

Over 30 years, that pay gap can cost women more than $400,000.

Retirement savings4

Men had an average of $139,467 in their individual retirement accounts as of 2012, compared to the average of $81,700 that women had in their IRAs.

Women & Wealth is a new, regular feature in Wealth Intelligence that explores issues related to women’s wealth building and preservation and provides tips for how women can improve their financial independence.

illustration showing some key statistics related to the wealth gap between men and women Click to view wealth

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illustration showing some key statistics related to the wealth gap between men and women
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This information is general in nature and is not intended to be legal, tax, or financial advice. Although Regions believes this information to be accurate, it cannot ensure that it will remain up to date. Statements or opinions of individuals referenced herein are their own—not Regions'. Consult an appropriate professional concerning your specific situation and irs.gov for current tax rules. Regions, the Regions logo, and the LifeGreen bike are registered trademarks of Regions Bank. The LifeGreen color is a trademark of Regions Bank.