by Hilary Young on October 19, 2017
For many Baby Boomer women, financial literacy is as foreign as a complicated new language. According to data collected from the Pew Research Center
, 41 percent of Baby Boomer women spent their youth raising children while their husbands worked outside of the home, so it might be safe to assume that most of them were not thinking about retirement advice and recommendations. But between the higher life expectancy for women and the recent rise in the divorce rate for people over the age of 50
, women are now starting to think about estate planning. Even if they don’t want to.