Newspaper Article Archive of
West Seattle Herald
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Newspaper Article Archive of
West Seattle Herald

March 6, 2017 Women must act to overcome financial challenges
Article Pages -- as published on the West Seattle Herald website.

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ARTICLE DESCRIPTION:

Sponsored by Sarah Cecil

International Women’s Day, observed on March 8, celebrates the social, cultural and political achievements of women. Yet, women continue to face many challenges. For one thing, women still encounter gender-specific obstacles to their important financial goals, such as a comfortable retirement. If you’re a woman, what can you do to get past these barriers? 

First of all, you need to recognize them. Here are a few to consider: 

• Longer life spans – A 65-year-old woman is expected to live, on average, another 20.5 years, compared to 17.9 years for a 65-year-old man, according to the National Center for Health Statistics. That’s another 2½ years of life – and 2½ years more of expenses. 

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• Lower incomes – Women working full time in the United States typically are paid 80% of what men earn, according to Census Bureau data. 

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