5 Steps to Building an Audience with #Hashtags
5 Steps to Building an Audience with #Hashtags
5 Steps to Creating Successful Ads

Women who reach ‘peak 65’ may be at risk financially, research finds [Video]

Categories
Personal Finance

Antonio Suarez Vega | Istock | Getty Images

The largest cohort of baby boomers is poised to reach age 65 between now and 2030.

And women — who make up 52% of those “peak 65” boomers — are more likely to struggle in retirement compared with their male peers, according to a new economic impact study released by the Alliance for Lifetime Income, a Washington, D.C.-based nonprofit focused on retirement education.

“There is a very persistent disparity between the assets of men and the assets of women,” said economist Robert Shapiro, study co-author and former undersecretary for economic affairs in the Commerce Department, during a Thursday morning presentation.

From now until 2030, 30.4 million Americans are expected to turn 65.

A majority of those baby boomers are not financially prepared for retirement, according to the research.

As income from employer pensions has largely diminished or disappeared, individuals who enter retirement age are now more dependent on personal savings and Social Security.

Women are not the only peak boomers who are …

How to Reach your Market in a World Ruled by Generative AI
How to Reach your Market in a World Ruled by Generative AI
12 Steps to Create Videos