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12 Surprising Things Women Should Know About Retirement Planning

| June 09, 2018
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The average American woman lives six years longer than the average man, which is why 70% of Social Security beneficiaries over age 85 are women. Longevity can be expensive. Women continue to make huge strides in school and in the workplace, yet in a recent survey of workers done by the Transamerica Center for Retirement Studies, only 14% of women are very confident in their ability to retire comfortably.

Here are some of the items I thought were the most surprising. What are your thoughts?

Almost Half of All Women Plan to Work Through Retirement

Women Are Less Likely to be Offered a Retirement Plan

Fewer Women Take Advantage of Retirement Plans

Here's what you can do:

Participate in Company Plans - especially if the employer matches the funds. It's free money!

Educate Yourself About Retirement Investing - Learn how to maximize savings, minimize taxes and have a withdrawal strategy or "Exit Plan"

Have a Plan - Don't forget about the home, plan for medical expenses, maximize social security benefits

"Live with Purpose"

Read more here...

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