From
Your Perspective:
Financial self-defense for women
Investing for
one
Being single doesn’t necessarily mean you’re young and unmarried. Single women include those who never marry, those who divorce, and those who are widowed. It also includes those who are heads of households, who live with partners, or who live alone.
Although you’re the only one responsible for your financial security when you’re single, you don’t have to make investment decisions alone. Some financial advisers have more experience working with single women, and you can attend investment seminars and discussion groups designed for singles. You might also consider joining a single women’s investment club.
Since women might be single at any age, there’s no one right way for a single woman to invest. One of the best strategies you can use if you’re not yet retired is to invest through employer-sponsored retirement plans or to set up your own tax-deferred account.
"Recognizing that they often earn less than men do, women historically have saved more aggressively. This suggests that as women’s
salaries grow, their investing will continue
to increase, and in the end, women may realize
much stronger positions financially."
