Charting a course in planning for a secure financial future can hardly be described as smooth sailing. Increasing individual responsibility for retirement savings and an ever expanding choice of financial options has created an extremely complex environment.
Prior studies show that both men and women lack knowledge about financing retirement.
Traditional gender roles, lower incomes and less wealth create special challenges for midlife and older women. To learn more about these challenges, the National Center on Women and Aging interviewed 500 women across the country. To follow are highlights of the study findings. No one trusts anybody anymore. When you are young you think day to day.