Kiplinger

A New Approach to Retirement Income Planning for Women

I want to reinvent retirement income planning for women.

Women have a lot going against them — much more than men — when it comes to creating enough income to last through their retirement years. Set out below is a list of some of the impediments women must overcome, along with solutions that will provide a satisfying retirement.

Women live longer than men. This simply means that women need more savings at retirement to provide the same amount of income as men throughout their lifetime. On average, a 70-year-old woman can expect to live more than two years longer than a man. That may not sound like a lot, but for an annual budget

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