Single Women Don't Save Enough for Retirement

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If you have $500k @65 then what do you do with it?

So what if you have 500k where the h.... can you invest it or what????????????? I bonds are about the only thing reasonably safe annuities eat up your income if cost of living goes up?

So you have $500k..........wo what.

I am very seriously interested in your answers.

respectfully

Di

di of CA @ Jun 01, 2009 21:59:33 PM

Solution #1

Wow! An online calculator heads the list.

What won't this genius think of next?

HillbillyBill of TN @ Sep 19, 2008 15:48:09 PM

I bet there's some men out there who could benefit from the so-called "lazy portfolios", too.

Kimberly Palmer of @ Sep 19, 2008 15:38:09 PM

Retirement investing for everyone

I don't know why you wasted an article to talk about single women's retirement, when, as you wrote, "Not saving enough for retirement is certainly not just a single women's issue." There certainly is a women's retirement issue because women live longer than men, and, consequently, get smaller pensions. So women have to save more than men.

Since many studies show that women are less aggressive, more conservative when it comes to investing, they are more likely to outlive their money. They should really look into the so-called "Lazy Portfolios" that invest in index funds or ETFs (exchange-traded funds)

jimmy of MD @ Sep 19, 2008 15:17:53 PM

Thanks to your conservative Supreme Court, in part, with their Lilly Ledbetter decision, you can be assured single women will not catch up until it is overturned and a proper Court is appointed. McCain anyone? Women in poverty anyone?

of @ Sep 19, 2008 12:52:12 PM

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Alpha Consumer

Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about how to save money, avoid scams, manage debt, and be a savvy shopper. Send your personal finance questions to her for expert money advice.


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