Retirement Tips for Women – Whether You’re 22, 62 or 102

Women of every age can benefit from the insights of this seasoned financial executive … and the wisdom of her 102-year-old grandmother. A Q&A with Nationwide’s Ann Bair reveals retirement strategies honed over three generations.

Three generations of women.
(Image credit: Getty Images)

Women were already facing a retirement preparation gap, and the COVID-19 pandemic has only made it worse. In fact, nearly three-fourths of women said the pandemic has had a negative impact on how long they could live off their retirement savings, according to Nationwide’s sixth annual Advisor Authority study.

It’s well known that women are likely to live longer than men, earn less than men and have less saved for retirement than men. Our study showed that women investors were also much less likely than men to have a strategy in place to protect against outliving their retirement savings. Worse yet, they were five times more likely to say they didn’t even know if they had a strategy at all.

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Craig Hawley
Head of Nationwide's Annuity Distribution, Nationwide

Craig Hawley is a seasoned executive with more than 20 years in the financial services industry. As Head of Nationwide's Annuity Distribution, Mr. Hawley has helped build the company into a recognized innovator of financial products and services for RIAs, fee-based advisers and the clients they serve. Previously, Mr. Hawley served more than a decade as General Counsel and Secretary at Jefferson National. Mr. Hawley holds a J.D. and B.S. in Business Management from The University of Louisville.