You can now search the site . Planning for retirement is like throwing a party. First, you need to set a date. Setting a target date for retirement can be a motivating factor in retirement planning. Without a date you have no goal, and will continue to put the planning off until later.
Women usually live longer than men.
By retirement age, many women may be widowed or divorced. Therefore, even if you are now living on two incomes, or only your husbands income, you need to make plans for the time that you may no longer have that income. Married women should plan for retirement even if their husbands don't. Second, you need to know what it will cost. You need to calculate the amount of money you will need for retirement.