Next Avenue: A grim outlook for women’s retirement, and what might be done about it [MarketWatch]
Aegon Ltd. New York Registry Shares (AEG)
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Source: MarketWatch
A grim outlook for women’s retirement, and what might be done about it This article is reprinted by permission from NextAvenue.org . There’s bad news and so-so news about the retirement insecurity of American female workers in the new Aegon Retirement Readiness Survey 2019. But the good news is that if employers, the U.S. government, financial advisers and those workers take a few key steps, today’s cloudy retirement prospects for women could become sunnier. After receiving the survey of 14,400 employees and 1,600 retirees in 15 countries — from Aegon Center for Longevity and Retirement and nonprofits Transamerica Center for Retirement Studies (TCRS) and Instituto de Longevidaded Mongeral Aegon — I parsed its massive data. Then, I learned more about the findings and advice for working women from the survey’s author, Catherine Collinson, CEO and president of TCRS. (The report’s also called The New Social Contract: Achieving retirement equality for women.) And I asked Cindy Hounsell, pr
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