It may be worth it to hire someone to research, buy, and sell mutual funds for you. It is a detailed document that explains exactly how the advisor does business and if there are any conflicts of interests in their advice. Always ask to see a copy. The U.S. General Accounting Office noted in a 1996 report on 401k plans that women tend to invest their pension funds in safer and lower-yielding assets than men. Men are almost twice as likely to invest mainly in stocks than women who tend to favor fixed income assets such as bonds.
Stocks have historically higher returns than bonds.
Because women are living longer than men, they need to save more and invest more aggressively. So give them a call and invest now. It is not too late. Advanced Financial Designs, a fee-only investment advisory corporation in Redwood City, California .