Friday, October 22, 2010
"The Forgotten Majority" Women and Their [Lack of] Retirement Planning
This article, “The Forgotten Majority: Why Women Get a Raw Deal on Retirement,” appeared in Smart Money Magazine and I thought it would be of interest for everyone to check out. Although I normally avoid finance magazines like the plague, this article was on the cover and it really caught my attention. It discusses the reasons why women typically have much less money saved for retirement than do men and the resulting problems it creates for women in the long run. It’s an extremely informative article and I really encourage everyone to read and comment on it!
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Thanks, Madalyn. I have to say, some of it came off as sexist--"Instead of keeping score, she says, women want to know whether they have enough money to, say, help a grandchild with college expense"? Gag me. Women can be just as interested in keeping score as men, and men care about their grandchildren, too...I'm not saying the disconnect doesn't exist, because it does, I just get wary when the words Mars and Venus are brought up, ever. Thank Dr. Ledford's Gender Politics.
ReplyDeleteThat said, I think over all it gives a solid pictures of the different problems faced by men and women. It's more than a little scary.