This report compares and contrasts the experiences of men and women in the U.S. workforce who are 50 years old and older. The data in the report is from the 2002 National Study of the Changing Workforce. It is important to study the Baby Boomer Generation because it is likely to change our ideas about work and retirement. The study found that older women earn only 55 cents for every dollar that men earn from all hours worked at all jobs. The findings suggest that policy makers should evaluate ways to minimize the impact of the disadvantages that older women may have encountered in the workplace because they may jeopardize their transitions into retirement.