Every March 8, we reflect on the financial progress women have made (and still need to make).
No woman wants to end up a “bag lady” – impoverished, out of options, left to fend for herself on the streets. Only a tiny percentage of women from affluent households will experience this retirement nightmare, but that does not mean the risk should be dismissed.
A gap in some aspects of financial literacy was also notable. Just 67% of pre-retiree women responded that they had a general knowledge of investment classes compared to 84% of their male peers.
Suggestions to accelerate & maintain the pace of the effort. Numerous articles have mentioned the obstacles women can face as they save for retirement. Turning from the negative, here are some positive factors that [...]
Shifting the focus from the short term to the long term. How many short-term financial decisions do you make each week? You probably make more than a few. They may feel routine. They may [...]