For those who believe money is money, whether you are male or female, The New Working Woman's Guide to Retirement Planning shows why saving for retirement is different--and difficult--for women. Martha Priddy Patterson offers practical advice and usable solutions to the retirement planning obstacles women have to overcome. Although women are gaining equal pension coverage with men and women's wages are ever slowly increasing, the need for retirement saving and planning, for both women and men, has never been greater. Through her professional and personal experiences, Patterson--an attorney who has spent 15 years specializing in employee benefits law--found that women were not paying attention to their financial retirement future. Case studies of four women at different stages of their lives, with a variety of careers and career patterns, demonstrate how retirement benefits grow--or disappear. This new edition contains current up-to-the-minute information on new retirement planning options such as Roth IRAs, cash balance plans, SIMPLE plans, enhanced coverage of 401(k) plans, and the future of Social Security.
I read "The Working Woman's Guide to Retirement Planning" several years ago and was surprised to learn of the many reasons why women need to save for retirement differently from men. I put together my own retirement plan after reading it and now I'm retiring and taking my RV on the road for the next few years. I've read the updated version, "The New Woman's Guide to Retirement Planning," and hope many other women get as much out of it as I did the first one.
Lots of meat!
Published by Thriftbooks.com User , 25 years ago
As a financial advisor who specializes in working with women, I am so happy to see something for the general consumer that has a lot of meat to it. Usually most of the retirement information gets briefly mentioned and then brushed aside with a note that it's important stuff and you need to understand it--but there's usually no help given on how to understand it! This book provides the help in an easy to read and understand format. Love it!
Planning now to make the most of the years after the 9-to-5
Published by Thriftbooks.com User , 26 years ago
The tone of this book is both frank and positive in discussing the reasons working women may have a harder time saving adequately for retirement than men do and showing how women can make the choices now to take this matter into their own hands and solve it. I wanted to skim the book and summarize its high points, but the details were too good and I can only say, if you are a working woman, you will want to read this book now.Lyn Camire Senior Editor, Pensions and Benefits Thompson Publishing Group
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