16 things advisers should know about women and retirement
March 8 is International Women’s Day. In the 21st century women are better educated and enjoy more career opportunities but a woman’s path to a secure retirement is filled with obstacles, such as lower pay and time out of the workforce for parenting or caregiving. These can negatively impact her own long-term financial prospects, according to the Transamerica Center for Retirement Studies (TCRS)
The group shares 16 facts about women’s retirement outlook.