posted by Chris | Below are a few statistics about retired women:
- 20%: the percentage of older women living alone in poverty.
- 6 : the average number of years that women live longer than men.
- 58%: women’s median retirement income as a percentage of men’s
- $800: average monthly Social Security benefit for women ($1,177 for men)
Now that you are aware of some of the statistics, start planning to ensure that you have a comfortable retirement.
Consult a financial planner or (if you are a do-it-yourself type) go to your internet browser and type in "retirement calculators."
By failing to plan – you might as well be planning to fail.
*Source: The Female Factor 2008, by Cindy Hounsell: Women’s Institute for a Secure Retirement (WISER)
Christopher J. Conner
Certified Financial Planner TM
Certified Fund Specialist
5200 W. Newberry Road E-7
Gainesville, Florida 32607
352-225-3132 (Fax) 352-225-3784
Advisory Services offered through Jonathan Roberts Advisory Group.
Securities offered through J.W. Cole Financial, Member FINRA/SIPC
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