Going through a divorce can be emotionally and financially stressful. While it is important to mentally prepare for some of the raw emotions that will certainly come along with divorce, it is also important to prepare financially for divorce. Statistically, it is more likely for a woman to fall into poverty or a much lower income situation after a…
Women & Wealth Articles
The Pros and Cons of Remarrying Later in Life
Getting married is a big step for any couple to take. Typically, when we think of the important factors of marriage, we relate it to a young couple finding compatibility, having children, and reaching life goals together. Finding love later in life—after having children, reaching certain life goals, and already having assets acquired—has a completely…
5 Ways Women Over 65 Can Still Plan for a Secure Retirement
Planning for retirement starts in your twenties, but what if you are in your sixties and nearing retirement and haven’t planned properly? Is there anything that you can do to make your retirement more financially independent? The answer is yes. Here are 5 ways a women over 65 can still plan for a financially independent retirement: Develop good habits…
The Emotional Burden of Caring For Loved Ones
Over 65 million people provide care for an elderly family member on a routine basis. But if you happen to be a woman, the chances of that responsibility falling to you are almost twice as likely. One study estimates 66 percent of caregivers are females over the age of 50; whereas, only 34 percent of males over the age…
5 Steps to Redoing Your Estate Plan After a Divorce
Going through a divorce is a major life change, but it can also be a fresh start that allows you to look forward to new opportunities and to set and plan your own priorities. One of those opportunities is re-defining your future estate distribution plans while also ensuring you will be remembered the way you…
Why More & More Women Are Single In Retirement
The number of currently married women who will live alone at some point during their retirement years, due to widowhood or a late divorce continues to grow at a steady pace. With 27.5 million married baby boomer women now heading into retirement, many may find themselves woefully unprepared financially for living life on their own….
What Women May Need to Know About Retirement Planning
When it comes to planning for retirement, there is no one-size-fits-all option. While the retirement goal of being able to live comfortably during your golden years may be the same for men and women, the path to reach that goal can be very different. There are many issues that women need to account for; that…
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