Today I attended a networking event for women. The featured speaker represents Morgan Stanley Smith Barney. Her name is LeeAnn Huggins.
LeeAnn shared some rather shocking statistics through a multiple choice quiz. Interestingly, as she asked us to guess the right answer from the choices we were right more times than not. But the answers were not very encouraging for women in retirement. Here's what I learned.
1. Less than 33% of women have a comprehensive financial plan.
2. On the average, women outlive men by 6 years.
3. The average woman should plan on 20 years of retirement.
4. Only 20% of women over 65 receive a pension.
5. The median female worker has saved $34,000 in a 409(k) account.
Women manage almost all the money in the world. Women own the majority of small businesses in the U.S. Yet we have not taken care of our own future.
LeeAnn went on to say that "Most adults in this country do not get out of money adolescence."
If these statistics are shocking to you, do you have a plan that will pay you residual income long into your future? You might say, but I'm not an author or actor. I don't have lots of investments.
Have you ever considered how a direct sales business could enhance your retirement years?
It might be one of the best investigations you have ever conducted! Do it soon! Do it today! I'd love to chat with you.
Subscribe to:
Post Comments (Atom)
1 comment:
Even though I am Canadian, it is reasonable to expect that the same statistics could apply.
Some of the information was alarming. I can add that since going through my own situation, whether it is divorce or the sudden loss of your partner/husband can wake you up in a drastic way.
Many of us women, forget to take care of NO#1 and that is ourselves. Establishing personal credit, keeping skills releatively fresh even if you've decided to be a stay-at-home mom, understanding insurance plans, ensuring your name is also on all the banking, home, utilities info .....
You can be in control to ensure that matters don't go outta control if you experience a sudden change.
Thanks for sharing,
Jeannette
http://optioneerjm.blogspot.com/
Post a Comment