Statistics from the Woman’s Institute for a secure retirement and the national center for woman’s retirement research shows that women need greater savings now! Here is what they found:

1. The average woman spends 15% of her career out of the work force caring for children and elderly parents.

2. For every year out of the work force, a woman has to work 5 years to recover for lost income, pension coverage and career promotion.

3. Women retirees receive about half the average pension benefits that men do.

4. 50% of working women are in relatively low paying jobs with no pensions.

5. One year past divorce, the average mid-life woman remains single and earns an average income of just $11,300.

6. Women change jobs more frequently than men.

7. At some point in their lives, 9 out of 10 women will be solely responsible for their finances.

8. Women are 3 times as likely to be widowed than men.

Keep these statistics in mind when you decide to invest for your own future. Start investing with your IRA today! Visit www.theentrustgroup.com and open that self-directed IRA!

This entry was posted on Friday, October 19th, 2007 at 8:35 am and is filed under Self-Directed IRA. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.