The Long Run: Women and Retirement
For women, retirement strategy is a long race. It’s helpful to know the route.
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The first National Women’s Equality Day was in 1971. Women couldn’t get credit cards in their own name back then. And if a woman became pregnant, she could be legally fired. Thankfully, a lot has changed, but some things haven’t. Women still do not receive equal pay for equal work. The gap is roughly 20%1, and women continue to live longer than men, now by an average of seven years.
When it comes to managing your personal finances, there’s plenty of complex advice out there. But often, simpler is better.
Heading into retirement with confidence is easier if your planning includes steps to minimize taxes, especially as it relates to health care planning.