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Stuck between unpaid childcare and eldercare duties, women might not be able to afford their own retirement [Yahoo! Finance]

Genworth Financial Inc (GNW) 
Last genworth financial inc earnings: 10/29 05:10 pm Check Earnings Report
US:NYSE Investor Relations: genworth.com/corporate/investors.html
Company Research Source: Yahoo! Finance
Dealing with dueling unpaid familial responsibilities, many women are forced to take more career breaks, miss work, move to part-time, or even leave the workforce altogether. That care crunch has damaging effects beyond women's careers—in fact, it often destabilizes women's financial security and retirement prospects, according to a new report from Wells Fargo There's no doubt that women feel the effects of the childcare crisis more keenly than men. They often have to take time away from the workforce in order to deal with the brunt of childcare. That's true not only when women are the lower earners in a relationship due to the pay gap, but even for female breadwinners . And those patterns repeat themselves when it comes to caring for the elderly. “This whole eldercare responsibility that's disproportionately shouldered by women, it's just another issue in terms of their financial preparedness,” Shannon Seery Grein, an economist at Wells Fargo, tells Fortune Older women are hit Show less Read more
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