News

April 2, 2018 | Debt.com

Trump Makes Women Close to Retirement Worry

By: Joe Pye

President Trump really has a way with women. Debt.com has previously reported that Americans close to retirement may be stressed over Trump’s presidency. Now we know they are — especially women.

March 29, 2018 | PR Newswire

The American College of Financial Services and the Bipartisan Policy Center Wrap Up the 2018 Housing Wealth in Retirement Symposium

The American College of Financial Services, the nation's largest non-profit educational institution devoted to financial services, and the Bipartisan Policy Center co-hosted the 2018 Housing Wealth in Retirement Symposium on March 23, 2018, in Washington, D.C.

March 29, 2018 | ThinkAdvisor

Reverse Mortgages Could Be Next Hot Topic in Retirement Planning

By: Melanie Waddell

There are “a lot of misconceptions about reverse mortgages,” Wright said, with clients often “very reluctant to go into the conversation because their home is the largest asset and they don’t want to risk” losing it. “There’s also more education needed among the advisor population,” Wright added.

October 1, 2017 | Insurance News Net Magazine

Help Women Raise Their Retirement Income Literacy

By: Jocelyn Wright

At one point or another, we financial professionals all have used the phrase: “If you fail to plan, you plan to fail.” This is especially true when it comes to retirement planning, as it is one area of life where failure is not an option. We only get one shot and there are no retakes.

August 25, 2017 | Debt.com

What Women Don’t Know May Hurt Them In Retirement

By: Michelle Bryan

Ladies, it’s time to get out of the car and ask for directions. Destination: Retirement. Two-thirds of women in or on the cusp of retirement are pretty sure they don’t know a lot about money planning for their twilight years, and 80 percent failed a basic quiz on managing their nest eggs.

August 18, 2017 | Insurance News Net Magazine

Advisors Need To Better Engage Female Clients On Retirement

By: Brian O'Connell

A new study spotlights the uphill climb females and their financial advisors face while planning for retirement. Just 18 percent of retirement-age women are informed on how to make a nest egg last in retirement (compared to 35 percent of similarly-aged men).

July 27, 2017 | Financial Advisor Magazine

4 Out Of 5 Older Women Flunk This Retirement Literacy Quiz

By: Christopher Robbins

What older women don’t know about retirement could certainly hurt them. Both men and women display startling low financial literacy, but women passed a simple test of financial knowledge at half the rate of men, according to a study focusing on Americans of retirement age.

July 27, 2017 | InvestmentNews

Most Women Flunk Retirement Income Literacy Quiz

By: Mary Beth Franklin

It is unfortunate that the people who are likely to live the longest understand the least about how to make their money last a lifetime. Only 18% of retirement age women can pass a basic quiz about how to make a nest egg last in retirement.

July 24, 2017 | PlanAdviser

Women’s Retirement Income Literacy Is Lower Than Men’s

By: Lee Barney

Women at retirement age, those between the ages of 60 and 75, understand the components of retirement income far less well than men of the same age, although even men don’t grasp the topic very well, the RICP Retirement Income Literacy Survey from The American College of Financial Services found.

July 24, 2017 | PR Newswire

Time to Take Retirement into Their Own Hands: Over 80 Percent of Women Fail Retirement Income Literacy Quiz

Only 18% of retirement-age women can pass a basic quiz on how to make a nest egg last in retirement. Nearly twice as many retirement-age men are able to pass, and although those numbers are still grim, this underscores the trouble women face in their own retirement knowledge.