Women need to save more for their retirement than men do.
Statistics show that women live longer than men, but earn less than men during their working years (which are often fewer due to time taken off for child rearing).
According to the Census Bureau, 57% of the population over age 65 are women, and 70% of older people living in poverty are women.
For assistance with this or other tax or accounting matters please contact us at 201-947-8081 or 646-688-2807, or email us at info@bergencountycpa.com.
