3 Unexpected Challenges You May Face Heading Into Retirement
You may have heard this before, but if you think your retirement situation will be similar to that...
I grew up in a family with four older sisters, so I’ve known since I was a small child women run the show both financially and otherwise!
Consider this…51% of U.S. private wealth, over 50% of all stock ownership and more than 60% of all personal wealth in the U.S. is controlled by women.[1] Women are a financial force in our country.
But consider this as well…when asked, only 7% of women were “very confident” in their ability to fully retire with a comfortable lifestyle.[2] Only 7%!! That’s incredibly disturbing.
Here are 3 of the biggest financial challenges women may face and why they matter so much:
There are challenges, yes, but there’s also help out there.
A great place to start is to CLICK HERE to watch a short video on women and wealth.
You can watch it on any device any time of day that’s convenient for you. There’re some great resources you can download, plus a quiz you can take all within the same program.
If you have more specific questions or concerns, I’m available to meet or speak by calling our office at (617) 630-8787.
[1] The Next Web. The Top 30 Stats You Need to Know When Marketing to Women. Jan 24, 2012
[2] PlanSponsor. For Many Reasons Women May Be At A Greater Risk Than Men of Not Achieving a Secure Retirement. March 6, 2014
[3] Times Recorder. Financial Advice Offered for Widows. Sep 10, 2014
[4] Huffington Post. After Divorce Women Rebound Faster But Stay in Poverty Longer. Oct 22, 2012
You may have heard this before, but if you think your retirement situation will be similar to that...
“I do it MYSELF!”