Females typically save 8.3% of their income, while men only save 7.9%, Fidelity found after looking at over 12 million retirement accounts and adjusting for certain pay disparities between men and women.
That may not sound like a big difference, but it adds up over time. Consider that the median household income in the U.S. is around $50,000. If you apply those savings rates to the median income, women save about $200 more a year.
So if their returns are about the same, women would end up with more. ..[snip]
After tight trading, volatility set to return to stocks
By Chuck Mikolajczak
NEW YORK (Reuters) - After a holiday-shortened trading week that pinned stocks in a tight trading range, equities are poised for a bout of renewed volatility as investors watch the economy and the Federal Reserve for signs of policy changes and economic strength.
Through Thursday's close, the S&P 500 was held to its narrowest trading week since Thanksgiving as investors dealt with uncertainty regarding a forward path for the economy and a deal for Greek debt. Late on Friday, the European Union agreed to a four-month extension for Greece, and a late rally pushed the S&P 500 above technical resistance level of 2,100 after several failed attempts earlier in the week.
The index was up modestly for the week, building on a 5-percent gain over the prior two weeks.
"The market has done quite well this week holding things together," said Frank Cappelleri, technical market analyst and trader at ...
