Today’s working women have advanced in job opportunities and advancements. “Today’s women are much more committed to work, they’re better educated and they earn more. But a disproportionate number of women take time off when the family needs a caregiver, and that carries over into retirement to their detriment”, says Heidi Hartment, president of the Institute for Women’s Policy.
To add to today’s dilemma, are some other sad findings:
-Nearly one-third of single women aged 65+ are classified as poor;
-30% of unmarried women 65+ live solely on Social Security;
-More than 1/3 of today’s women can expect to live to 90!
To combat these frightening statistics, women are taking action. Today more than ever women are in the work force in record numbers - 59% of women in 2005, up from 44% in 1970. And it is not solely the 9 to 5 job market.
Today, more than ever women are starting home based businesses. Young mothers, full-full time teachers, middle aged and ‘close to retirement’ women have realized that home based businesses can earn significant dollars, enjoy flexible hours and save more money for their retirement years.
The average income of home based businesses for women is $143,000! Read more »
Tags: Retirement, woman solution, working retirement
