Excerpt: 'If it has taken a woman 40 years of back-breaking labor to save $20,000, she is going to feel the sting of loss more than a man who has a larger and more comfortable cushion,' said Cindy Hounsell, president of WISER, a women's retirement advocacy group based in Washington, D.C. 'Smaller losses hit women harder because almost 2.5 million older women live in poverty in the U.S. compared with 1.1 million men.'  MORE >>