What Every Woman Needs to Know Before Retiring

Women live longer than men and generally make less money. This affects how they should prepare for retirement.

A woman sitting at a desk with a laptop wearing glasses and looking off in the distance.
(Image credit: Getty Images)

Four months after Caroline Smythe married her second husband, she got a notice from the Internal Revenue Service. The government was keeping $1,600 of her tax refund because her husband owed back taxes.

When she asked him about it, he blamed his ex-wife for not filing their returns properly. Then, a few months later the IRS put a levy on their joint bank account and froze the funds. Her husband again blamed his ex-wife. But it turns out that withheld taxes weren’t being paid to the IRS. 

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Jennifer Waters is an award-winning reporter who primarily has covered business news for 30

years in major national print, radio, and TV broadcasts, and online. She has recounted the ups

and downs of the economy, and its effects on industry and the consumer. And she’s tracked the

stock movements, earnings, management, and operations of several Fortune 500 companies.

She’s also profiled corporations and their leaders, chronicled product lifespans, Super Bowls

and celebrities, and has saved consumers money and from heartbreaks. Through columns for

the Wall Street Journal and Marketwatch, where she was a long-time reporter, she guided

readers through Social Security and Medicare mazes, offered advice to the debt-ridden and

financially downtrodden, and informed the masses about terrorist attacks, school shootings,

and natural disasters.

Jennifer also hosted, co-hosted and produced TV and radio shows on business and general-

interest topics, including a business show for Minnesota Public TV, a general-topic, morning-

drive radio show with Jesse Ventura, and a stock-related, morning-drive radio show with Jon

Najarian. She continues to offer her business insights on various TV and radio programs and

podcasts across the country.