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Unfortunately, a woman's earning years may be decreasing. At the same time, her retirement years are increasing. Women are living longer than ever before, so retirement years can take up a substantial portion of her life.
In 1990, there were 37,306 centenarians and four out of five of them were women, according to the US Census Bureau report of 2000, just 10 years later, there were about 50,000 centenarians, and about 40,000 were women according to the Population Reference Bureau report of 2003!
In addition, women have less income than men to Tiffany Silver Sets over a longer number of years in retirement. Because women tend to earn less than men- and often spend years out of the workforce as a result of family obligations - they may not be able to contribute to much to their retirement plans. Women may also receive less Social Security and pension income. In fact, the average income of a women over 65 is $12,000 according to a report published by the Illinois Department of Financial and Professional Regulation.
These factors make retirement planning especially important for women. If you are a woman and you don't want to worry about this anymore contact a financial advisor about putting a plan together for your needs and acting on it.
"I believe that every fiery challenge presents an opportunity to be a Phoenix." Says, Princess Clark-Wendel
Princess believes that each woman has the opportunity to turn the fiery challenges into "phoenix" opportunities. With this heart, Princess delivers information that is easy to understand and simple to implement, that allows women to make the changes necessary to start living their lives worry-free!
The goal is to provide you with timely financial information, resources, and encouragement to make a difference in your finances and in your life. immediately, we know that you will receive:
Increased confidence to handle any financial challenge you may face A feeling of pride and a sense of accomplishment when actions create positive results Freedom from the stress and anxiety of not being able to cover your everyday living expenses Tools to live the life you dream about without the assistance of blood pressure medicine Resources to find and do the work you love without settling.