WOMEN BABYBOOMERS AND RETIREMENT

Even though my husband and I retired together, I am constantly reminded of how many women are heading into retirement as a single woman. I personally know several women who are single and are babyboomers or already retired. I have a best friend whose husband died unexpectedly at the age of 56. She herself is still in her early fifties and still working a full-time job. I know that we never know what life holds in store for us; but I also know that there is a chance that she shall enter her retirement as a single woman. I feel a need to try to reach out to this demographic and try to bring articles of interest to them. I will also bring to their attention websites of interest.

I found this article about women and retirement that I would like to share with our blog readers.

A recent national survey of employed adults commissioned by the Transamerica Center for Retirement Studies revealed that many women are not as prepared as they should be for retirement. Women are lagging in total savings, averaging nearly $51,000 less than men. They are also underestimating how much they need to save for a comfortable retirement, with estimates nearly $300,000 less than those given by men. The survey, however, found promising opportunities for women that might be easily overlooked but can significantly improve their chances for a more secure retirement. To read the rest of the article, please go to this link: http://www.dentalplans.com/Dental-Health-Articles/Six-Retirement-Tips-Every-Woman-Should- Know.asp

I would love to have any women who are babyboomers and/or in retirement to add comments about the value of this article. I will follow up with more articles and websites of interest

Retired and Ready to: (Your choice).

WHAT DO YOU REALLY KNOW ABOUT RETIREMENT?

One of the things that I have enjoyed since we started this blog about early retirement is doing the research on baby boomers and retired people and those who "want to retire". Just when I think that I won't find something new, I come across the information that you will find when you go to the link provided at the end of this post. It is interesting to see how much of the media is jumping onto the babyboomer bandwagon. To me this is a good thing. The more we discuss the issues, concerns and worries and the joys of retirement; the more we will be able to find the solutions to the questions we have. Also it will mean that consumer marketing might better reflect the fact that we are not all alike, whether we are baby boomers who haven't really thought about retirement all the way to already retired and wondering how we can sustain the lifestyle of the retired.

I ask you to go to the following link from an MSNBC Special they are doing on Baby Boomers and take the quiz. You might be surprised at either how much you DO or DON't know about retirement.

Once you take the quiz, please leave a comment or two about what you thought.

http://msnbc.msn.com/id/13089081/

PLAN NOW -- RETIRE EARLY!