Women need to plan earlier for retirement and save more

Personal finance

0
869

By Lorraine Mirabella
When she was working and raising a family in Maryland’s Howard County, Bonnie Bird envisioned retiring in her early 60s and traveling with her husband. But that path took a different turn after the couple divorced in 1999 — and so had to divide everything, from their home to their savings.
Looking toward an uncertain future, Bird worked with a financial planner to map out how much longer she’d need to work and how to start rebuilding her finances. Bird, who had spent her childhood in Glenelg, North Carolina, decided to move back to that state, where she could live more affordably. She arranged with her company for a transfer to Wilmington.
The divorce “changed how long I felt that I had to work and how much money I need to put away,” says Bird, 66, a regional manager in technology sales who expects to work, at least part time, until age 72. “I don’t have a matching fund from a partner to pay for those living expenses. It’s important to me to continue working as long as I feel healthy doing so, so I could be comfortable and still help my children.”
Read the Full Article at www.mercurynews.com >>>>

ATTENTION READERS

We See The World From All Sides and Want YOU To Be Fully Informed
In fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.

About VT - Policies & Disclosures - Comment Policy
Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT.
Previous articleU.S. Jobs Dropped By 33,000 In September, Likely Due To Storms
Next articleWhat the Trump Scoreboard says after the September jobs washout