Sallie Krawcheck, one of the most senior women on Wall Street and now owner and chair of Ellevate, a global professional women’s network, thinks so.                      

In her rather brilliant article, “How the Gender Wage Gap Makes the Retirement Savings Crisis Worse,” Krawcheck talks about the gender wage and “gender investing” gaps as being at the heart of the crisis. Bottom line: women not having enough money to live comfortably towards the end of their lives. Ever worry about this? I have and bet you do too.

I encourage you to read the whole article but here’s my takeaway:

It’s not about financial and investment education for women, marketing, or leaving investment decisions up to men, says Krawcheck. It requires what she terms a “research-driven rethink” about women and investment. In other words, real evidence showing us what women need and the changes required. Let’s back away from the assumptions and lobby for change based on what’s real.

We’re not getting any younger, right? Like most money matters, let’s open our eyes even if we’re afraid and learn. The gap in retirement savings affects all of us as a society and the sooner we address it the sooner we can sleep nights.

Do you worry about living comfortably in retirement, my friends?