Roundup: Why Many Women Feel They’re Not Ready for Retirement

Have ready are you for retirement? If you’re a woman, your future seems bright since women are known to more likely prioritize financial planning compared to men. Despite women being better planners, they still end up feeling they’re not ready for retirement. In fact, 40% of women revealed that they don’t have enough money saved… read more

  Women struggle to save for retirement. In fact, only 12% of working women are very confident that they will have a comfortable retirement. In case, women are forced into retirement sooner than expected, 64% of them do not have a backup plan for retirement income. These are just select findings from a recent survey… read more

Long term care planning is absolutely necessary for Americans today. Because of recent developments and challenges thrown their way, so many individuals are at a high risk of facing long term care costs without the proper resources. From the lack of retirement savings to the escalating amounts of debt, so many Americans are transitioning into… read more

Women might be the primary providers of long term care but they are also its primary recipients. It is exactly for this reason why insurance companies decided to increase long term care insurance premiums for policies sold to women. In an article published by The Wall Street Journal, Steve Zabel, Genworth Financial’s senior vice president… read more

The biggest long term care insurance providers in the country announced that beginning the second quarter of 2013, they will impose LTC insurance rate increase for policies sold to women. The hike, according to them, is necessary in order to properly reflect the risks involved in covering women’s LTC needs. At present, women comprise 70%… read more