Women typically have fewer working years to fund their retirement accounts because of time spent out of the work force to care for children, parents, or other family members. Average time off for women is 11.5 years, compared to 16 months for men. First Union's research found fewer than half the women we surveyed felt confident that they were saving enough for their retirement. Ironically, this is not from a lack of skill or resources. Rather, in trying to balance multiple priorities, women traditionally assign second or third place to financial planning issues like investments and retirement.
Women have what it takes when it comes to investing.