1 Women entrepreneurs are one of the fastest growing segments of the business community. Yet young career women and baby boomers alike are victims of an alarming trend regarding their current and future financial condition. If they don't, their retirement years may suffer greatly. 2 Less money means less toward pensions or less available to invest. Women change jobs more frequently than men, often before benefits become vested.
Women work part time more often and even stop work in many cases to raise children to school age.
Losing seven years out of a forty-year career, by remaining home to raise children can cut retirement benefits by half. 3 Women tend to save too little and invest too conservatively. The good news is, women have excellent opportunities to learn about and plan for a retirement that will reflect the hard work and successes they have achieved over the span of their career. There are steps every woman can take to promote a healthy financial future and plan for a secure retirement. Get in the know read a book, take a course, attend a seminar.