This Bank of America Merrill Lynch report, conducted in partnership with Age Wave, takes an in-depth look at women’s financial journeys over their lifetimes. Women face different and financially complex life journeys than men. These differences are due to factors that include caregiving, higher healthcare costs, and longer lifespans. The report finds that while women live longer than men, they have smaller nest eggs to fund their longer retirement. Due to the wealth gap, upon retirement a women on average will have accumulated $1,055,000 less wealth than a man, which significantly impacts their retirement security.