Financial Challenges Hit Harder for Widowed Women; Thrivent Survey Finds [Yahoo! Finance]
Moody's Corporation (MCO)
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Source: Yahoo! Finance
MINNEAPOLIS June 12, 2024 /PRNewswire/ -- A new Thrivent survey reveals over half of widowed women experienced financial challenges after their spouse's passing, with 51% either living paycheck to paycheck or struggling to manage their bills. A lack of proactive financial planning could be to blame: 41% of the widowed women surveyed said they didn't have any financial conversations or plans in place prior to their spouse passing away. "Losing a spouse is one of the hardest things anyone can experience," said Teresa Powell , Thrivent financial advisor. "Immediately after this terrible loss, many widowed women face a tremendous financial burden without a solid plan in place. While nothing can protect against the heartache of losing a spouse, creating a financial plan with your spouse ahead of time is one of the greatest acts of love you can do for one another." Other key findings from Thrivent's survey underscore why financial preparation is crucial married couples: Lack of prepa
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MCO
Earnings
- 5/3/24 - Beat
MCO
Sec Filings
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- 6/11/24 - Form 4
- MCO's page on the SEC website