At 15%, widows’ poverty rate is three times that of elderly married women, according to new data from the Center for Retirement Research at Boston College. Why the disparity?…
While the divorce rate peaked in 2000 in the U.S., the financial costs continue to be high. Furthermore, a divorce has a huge impact on the respective spouse’s retirement prospects, with divorced women usually left with less financial security than their male counterparts….
Money is often a sore subject among women, especially since females are still overwhelmingly underpaid compared to their similarly qualified male counterparts. And when it comes to managing investments and long-term planning, many women lack confidence in their ability to get the job done….
