Ernst & Young’s Financial Planning for Women

Women, whether single or married, widowed or divorced, employed or stay-at-home mothers, should be concerned about their financial futures. The authors of Ernst & Young’s Financial Planning for Women present a compelling case that women from all walks of life face unique financial concerns and challenges.

As an example, women need to take special care to plan adequately for retirement. Lower pay while working, coupled with time spent out of the work force caring for children or elderly parents, leave many women with low Social Security and pension benefits. Since women statistically outlive men by seven years, they must live on these lower resources for more years.

Enst & Young’s Financial Planning for Women takes a "life events" approach to financial planning. In eleven chapters, the authors address issues related to potential events in a woman’s life, such as being single, getting married, having a baby, or dealing with divorce or widowhood. The advantage to this approach is that women can pick and choose among the topics, focusing on what is relevant for them.

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