Kiplinger

5 Retirement Risks Every Woman Should Know (and Plan for)

For the average American woman, the odds are good that at some point she'll be managing her finances on her own.

That isn't just because women outlive men by about five years, but also because many women these days choose to remain single or don't remarry after a divorce. According to the most recent numbers, women are the primary breadwinners in at least 40% of U.S. households. And their economic influence and personal wealth are expected to keep growing.

And yet, women still lag behind when it comes to overall financial literacy. Just an example: On one assessment of financial literacy, men answered 56% of the questions correctly -- a 5 percentage point improvement over 2017. Women answered 47% of the questions correctly, a disappointing 1 percentage point drop from 2017.

That's a problem because, as you might expect, the same study

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