If you are a woman who is planning your retirement, you may have noticed that you face some specific challenges that your male counterparts don’t necessarily experience. Women have to account for things like a longer life expectancy, the gender pay gap, shorter time in the workforce and higher health care expenses.
While this isn’t all bad news, it does mean that you have to be much more prepared and have a strategy in place to help overcome these obstacles.
According to the Employee Benefits Security Administration of the Department of Labor, of the 63 million women working in the United States, only 44 percent are participating in a retirement plan. This means that less than half of women are taking basic steps to save for their golden years. When it comes to retirement planning, every small bit you store away can make a difference.
At American Financial Investments LLC, we are dedicated to providing you with personalized financial solutions and making sure that your needs and goals are put above anything else – regardless of gender. We are committed to helping you close the retirement income gap that you may face, whether it is due to time spent out of the workforce caring for your children or accounting for the cost of future health care costs you may encounter.
In a recent study by Prudential Financial, only one in five women felt that the financial services industry understood her needs, and we want to assure you that we aren’t like the others. We won’t charge ridiculous fees or speak in industry jargon that leaves you feeling left in the dark – this is your retirement, after all.
We strive to provide you with the solutions that we believe align with your unique goals, and work with you to make sure your financial planning is on the right track to reach those goals.
While retirement planning can be vastly different for women than it is for men, that doesn’t mean that women can’t reach the retirement about which they’ve been dreaming. When you work with the right financial professional that can evaluate your unique financial situation and develop a plan tailored to you and your goals, you can overcome any gender differences. QCBN
Ronald F. Stevenson, Investment Advisor Representative, and Barbara Clark Stevenson own American Financial Investments, LLC, A Registered Investment Advisory Firm. They specialize in Professional Investment and Portfolio Management, Retirement Income Planning, Social Security Maximization, Tax Free Income Design, Annuities, Personal & Corporate Tax Preparation and Planning. For more information, call 928-771-8368, 3112 Clearwater Dr., Suite B, Prescott, AZ 86305
or visit our website: AmericanFinancialSecurity.net.
By Ronald Stevenson and Barbara Clark Stevenson
Investment advisory services offered through American Financial Investments, LLC a Registered Investment Advisor in the State of Arizona. Insurance products and Tax services are offered through American Financial Security, LLC. American Financial Investments, LLC and American Financial Security, LLC are affiliated companies.