For women heading toward retirement, there’s both good news and bad. On the good side, most women are fortunate to lead long and healthy lives. On the bad side, that means their retirement savings must be able to last longer than they do.
Most women will spend at least a part of their on their own, either because they never have married or they lose their husband through divorce or death. This is a problem for their financial future, since they will end up having to manage their retirements yet fewer than 40% of women say they have a real plan about how to do this.
One of the biggest fears women report across the board is the fear of becoming a bag lady. Now we know they are probably exaggerating somewhat but we don’t
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