Women more likely than men to face poverty during retirement

Chicago - During their working years, women tend to earn less than men, and when they retire, they're more likely to live in poverty.

These are women who raised children and cared for sick and elderly family members, often taking what savings and income they do have and spending it on things besides their own retirement security.

The National Institute on Retirement Security, a nonprofit research center, reports that women are 80% more likely than men to be impoverished at age 65 and older. Women age 75 to 79 are three times more likely.