Life expectancy is increasing, and more people are living to age 100. People typically spend 20 to 30 years in retirement, sometimes longer, and so retirement funds need to stretch further than ever before.
With odds stacked against them, women are likely to be worse off in retirement than men. Women are far less likely to seek financial advice for several reasons including a lack of confidence, because they do not think they are wealthy enough, or because they find the idea of seeking advice a daunting and intimidating experience. The stark reality is that many women will unfortunately outlive their retirement savings.
Why are women at a disadvantage in retirement?
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