Policies that boost economic growth and strengthen savings will help women better prepare for retirement, Heritage Foundation expert Rachel Greszler told members of Congress’ Joint Economic Committee of Congress in testimony last month.
To improve women’s retirement security, policymakers must consider proposals that will help both current and future generations of women retirees. This includes reforming Social Security and encouraging personal retirement savings. The single greatest thing the government can do to improve both men’s and women’s retirement security, however, is to foster a strong and growing economy.
What do you think is the most important thing that needs to be done to reduce the challenges women face in retirement?