Unique Challenges For Women Investors

Women investors face unique challenges in building wealth and securing their financial futures.  For example, women are more likely to outlive their husbands or have divorce disproportionately affect them, making long-term financial strategies especially critical. 

Consider these facts:

• American women who turn 65 this year have a life expectancy of 86.6 years while American men who turn 65 this year have a life expectancy of 84.3 years.
• Women have a 26% larger retirement savings shortfall than men.
• Median 45-year-old female’s projected savings shortfall for retirement at 65: $268,404. 

Determining the right solutions to these unique financial situations is critical to pursue a comfortable, more secure retirement. While every woman’s circumstances are different, research shows that American women face many of the following obstacles:

Women:

• Have Longer Lifespans
• Spend More Time in Retirement
• Spend More Time Out of The Workforce
• Have Lower Earnings
• Have Lower Social Security Benefits
• Are Less Likely to Participate In Pension Plans
• Spend More on Medical Care
• Have Lower Retirement Income & Savings
• Are More Likely to Enter A Nursing Home
• Are More Likely to Live in Poverty

All this research suggests the importance for women of all ages to engage in long-term planning necessary to help ensure a secure retirement.  To do so, we offer a complimentary:

Women and Wealth Financial Checkup

There is no cost or obligation, which means you have nothing to lose and quite possibly much to gain.