recession’s impact

Boomer Women Face Greater Financial Challenges In Retirement

Posted on 10/7/2012 by |Money and Work | Comments

Bulletin Today | Money & SavingsMany older women believe they face a greater threat of financial hardship in retirement than men, and that concern may not be off the mark. An AARP study, based on interviews with 4,000 people ages 50 to 64, found that women consistently reported more consternation than men about their current financial state and future outlook. Of course, the deep recession didn’t make anyone feel flush with confidence. But women were clearly more worried. “Women feel less secure because they are,” says report …