Women of Color, Millennial Women Take Outsized Financial Hit from Pandemic

June 22, 2021 by Josh Azar

The pandemic has affected women’s finances more than men’s, with women of color and millennials bearing the brunt of the impact, according to a recent survey.

In fact, around 40% of women surveyed expect 2020 to leave a lasting impact on their finances, with 28% saying they expect the pandemic to delay their retirement, a recent report from Capital Group notes.

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Originally Posted at Financial Advisor IQ on June 21, 2021 by Josh Azar.