It is time to stop blaming the victim when it comes to women and retirement planning. An endless stream of studies and surveys all show women are less prepared for retirement than men. The typical story line: “Women aren’t interested in managing money, and they’re not good at it. They’re more interested in other things [...] [...more]
The gender gap is about to get a little wider as the formerly egalitarian long-term care insurance market starts charging higher prices for women. While life insurance has long been priced by sex, companies that provide long-term care insurance (LTCI), mainly used to cover healthcare expenses in old age or for severe illness, have long [...] [...more]
Women face distinct retirement-planning challenges, including higher longevity risk, less access to workplace retirement plans, and continued wage discrepancies. Now, author and retirement expert Jan Cullinane offers a book focusing solely on the issues and challenges confronting single women in retirement. The Single Woman’s Guide to Retirement (John Wiley & Sons) will walk you through the [...] [...more]
Women face distinct retirement-planning challenges, including higher longevity risk, less access to workplace retirement plans, and continued wage discrepancies. My column at Morningstar.com this month examines the trend, and summarizes expert advice on ways women can improve their odds of achieving a secure retirement. [...more]
Women live longer than men — with the result that they face much greater longevity risk–the danger of outliving their assets and experiencing poverty in old age. In this video, retirement expert Richard Johnson of The Urban Institute discusses some of the critical risks facing women in old age. It’s sobering, but good food for [...] [...more]
