Tips to Help Single Women Struggling to Save for Retirement

The gender wage gap and taking time away from the workplace for caregiving duties make saving for retirement a bigger challenge for many women.

A woman works at her dining room table, making notes while her laptop sits open in front of her.
(Image credit: Getty Images)

There’s no doubt that planning for retirement is a tough task for most Americans, but it can be even harder for women. It’s no mystery why.

The average woman will live five years longer than her male counterpart, according to the Centers for Disease Control and Prevention, which means she needs to prepare for a retirement that is potentially much longer.

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Kristi Martin Rodriguez
Senior Vice President, Nationwide Retirement Institute, Nationwide

Kristi Martin Rodriguez currently serves as Senior Vice President of the Nationwide Retirement Institute® for Nationwide Financial, leading the teams responsible for advocating for and educating members, partners and industry leaders on issues impacting their ability to have a secure financial future. She was a founding member of the Ohio chapter of The National Association of Securities Professionals (NASP), an organization helping people of color and women achieve inclusion in the industry.