On average, a female retiring at age 65 can expect to live another 19 to 20 years. That’s at least 3 years longer than men who retire at the same age. Which makes it more important to plan retirement early and start saving early. Savings can increase your chances of having enough money to last [...]
Posts from ‘September, 2010’
Few women participate in employer sponsored retirement plans
There are roughly 62 million wage and salaried women between the age 21 and 64 who are working in the United States. However, even before the economic trouble and high unemployment, only45 percent of the employed women participated in a retirement plan. Many people don’t realize the importance of compounding which simply means the earlier [...]