5 Things Women Can Do to Feel More Confident About Retirement
Retirement can stir up ideas of freedom, relaxation, and travel, or of uncertainty, penny-pinching, and helplessness. Men and women may struggle to save enough for retirement, but the latter scenario is much more common among women as they still earn less than men on average and must have larger nest eggs due to their longer average life expectancies.
When asked how confident they are about retiring comfortably, approximately 45% of women said they were not confident, according to a recent Transamerica survey, compared to just 29% of men. Only 12% of women reported feeling very confident, while nearly 23% of men felt this way.
The good news is, it's not too late to change that. Women who are still a little ways off from retirement can make moves today to secure a more comfortable future. Start with these five strategies.
Source Fool.com