3 Strikes Against Women in Retirement

Saving and planning for retirement is tough enough, in general, but the deck is stacked against women in three important, but not insurmountable, ways.

(Image credit: LIgorko)

More than 6 in 10 Americans don’t know how much money they’ll need to retire, a recent Bankrate.com study found. While Millennials are the most likely to be perplexed (69%), this isn’t just a problem for the young: Nearly 60% of Baby Boomers weren’t sure how much money they need to save to successfully retire.

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Lorraine Ell, CEO
Investment Adviser Representative, Better Money Decisions

I'm the CEO of Better Money Decisions (B$D) and co-author of the blog Better Financial Decisions. As a principal of B$D, I'm excited to continue my long career as an investment professional. Living and working in places as diverse as Saudi Arabia and Budapest, Hungary, has given me a unique perspective on the world of investing. My book, "Bozos, Monsters and Whiz-Bangs: Bad Advice from Financial Advisors and How to Avoid It!" is an insider's guide to finding the right adviser.