But, statistics show that 50 per cent of today’s women dissolve their marriages, leaving them with half the retirement funds they would have had. When I crunch the numbers today, however, it turns out that women need to save 20 per cent of their gross earnings to counteract three factors. Investment risk is between a 1 (low risk) and 5 (high risk). Work with a professionalAccording to Ellevest, an exclusively-women financial planning service, nearly 86 per cent of financial advisors are men in their 50s and 60s. But, not all investment advisors are commission-hungry men.

Source: thestar April 23, 2018 03:33 UTC