Women's distinct retirement challenges.
By Citi October 06, 2010 05:48 PM
In its September cover story, "Why Women Get a Raw Deal on Retirement," SmartMoney magazine sought the views of Women & Co. President and CEO Linda Descano. In the print version of the piece and in a SmartMoney.com online video feature, Descano defined the challenges women face, noting that women tend to live longer than men, are more likely to require long-term care, take time out of the work force to care for family and often face a gender-related wage gap.
"All of this means it is particularly important for women to have a plan, start saving early, save more as they earn more and plan for those time-out periods," Descano said in the video.