Women often face significant retirement challenges and they need reliable answers and empowering help. One statistic shows that women's earnings average $.78 for every $1 earned by men which adds up to a lifetime loss of over $300,000. Here are some top online resources and websites to help women plan ahead, gain financial confidence, and work toward a successful retirement.
Recommended by the Administration on Aging, The Women’s Institute for a Secure Retirement (WISER) is a non-profit organization focused on issues that impact women’s retirement income: Social Security, divorce, pay equity, pensions, savings and investments, banking, home-ownership, long-term care and disability insurance. WISER’s mission is to educate and advocate to improve the financial quality of life for women. Go to the homepage to find a link to the blog, sign up for a newsletter, and access financial calculators and retirement planning information.
The motto at the Women’s Institute for Financial Education (WIFE) is, “A Man is NOT a Financial Plan®”. WIFE is the “oldest, most established non-profit organization dedicated to providing an unbiased, financial education to women in their quest for financial independence.” There's a wealth of financial help here including blogs, articles, calculators, and a learning section about retirement.
Women and Retirement Savings
This online publication from the Department of Labor lists eight important questions and provides the answers for women regarding retirement and taking charge of their financial future. There is also a list of linked resources at the bottom including a Retirement Toolkit.
Social Security for Women
The Social Security Administration has a resource page specifically for women. It includes information for women who are in different stages and situations in life: caregivers, working, widowed, married, getting married, getting divorced, and for those who are already receiving social security benefits.
Women, Wealth and Wisdom
AXA Equitable has a learning center for women’s financial literacy called Women, Wealth, and Wisdom. The section title "Money Made by Women" has planning calculators and educational articles about retirement planning for women.