Our life journeys can be significantly different due to family, marital status, career, health, and longevity which necessitate financial planning for lifelong financial security and peace of mind. Women face some very specific challenges along the way. We need to encourage them to discuss and understand the financial effects of career interruptions, longer lives and retirement years to fund, as well as higher health care costs to help them prepare for these challenges and lead to more positive financial outcomes. The attached article, Taking the Next Steps to Achieving Financial Wellness published by Merrill Lynch in partnership with Age Wave, highlights these facts and the role that we all play in helping women achieve financial independence.
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