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Retirement

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Jezonomics

Save For Retirement Like A Girl

There are many good things about being a woman. Some people less existentialist than I would probably argue that one of those things that is cool about being female is that women (in the developed world) have a longer life expectancy than men. Well, it turns out that the glass-half-empty people win the day on this one, because between making less money than men, moving in and out of the workforce and the shared America predilection for not saving enough or knowing enough about your own financial affairs, women are basically going to get hosed at the end of their lives if they're not careful. Things you should be thinking about even if you're just out of college are after the jump. More »

6:00 PM on Wed Jul 9 2008
By Megan Carpentier
8,333 views, 171 comments

Latest by n/a: OK, last redundant comment. I also have an awesome woman financial adviser who NEVER treats me like a stupid little girl. Who I hired after pretty much missing the LAST good run up of the stock market with a more »

jezenomics

Poverty Is A Major Problem For America's Older Mothers

Women outlive men, but in their twilight years, they're much more likely to fall below the poverty line. In fact, according to the Women's Institute for a Secure Retirement (WISER), the largest segment of the population living in poverty is made up of elderly females. (The average Social Security benefit for women is $800 per month, compared to $1,177 for men; this is due to less time spent in the workforce overall, explains UPI.) Says Cindy Hounsell, President of WISER: "With more years out of the workforce to care for family, combined with lower wages and a greater life expectancy, it's clear that simply being a woman in our society may jeopardize your financial security." And as a second new study shows, young women — and rightfully so — are much more anxious about being able to save for retirement, pay bills, and provide for children than their male counterparts. More »

9:30 AM on Fri May 9 2008
By Jessica
3,045 views, 220 comments

Latest by boring diatribes: @Seeräuber Jenny: Yeah that was my thought as well. I didn't have statistics or anything, but it does seem like this is just another way that women are isolated and oppressed, especially black women. more »

It's been a long-time coming but, just like death, no matter the circumstances surrounding it, the blow is never dulled: WWD is reporting that Valentino will be resigning from his eponymous fashion house after designing one more ready-to-wear and one more couture collection. (Which we think makes him, like, the Barbra Streisand of designers — who else would announce a retirement and then continue to perform?) [WWD]

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