Perception vs. Reality
There’s an alarming difference between perception and reality for current and future retirees.
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The first National Women’s Equality Day was in 1971. Women couldn’t get credit cards in their own name back then. And if a woman became pregnant, she could be legally fired. Thankfully, a lot has changed, but some things haven’t. Women still do not receive equal pay for equal work. The gap is roughly 20%1, and women continue to live longer than men, now by an average of seven years.
When selecting a fixed-rate mortgage, a borrower has to determine how many years to finance the loan.
Each day, the Fed is behind the scenes supporting the economy and providing services to the U.S. financial system.