Almost 1 in 4 women (24%) reported that their financial wellness is worse today than two years ago, compared to only 17% of men who said the same, according to a recent survey.
The pandemic and resulting economic volatility have made women more aware of, and focused on, their short and long-term financial wellness. www.tiaa.org
Nearly 40% of women say they don’t not have anything saved for retirement. The TIAA survey showed glaring examples of how women face bigger challenges than men when it comes to both their short- and long-term financial futures:
• More women (25%) say they carry an “unmanageable level of debt” compared to 17% of men.
• More women (29%) struggle to pay monthly bills, including utilities, rent, loan payments and credit cards. For men, it was 19%.

Far fewer women (31%) are saving for retirement, compared to men (44%). And the pandemic has made matters worse, as nearly two million women have left the workforce since 2020. Women also retire about two years earlier than men, but typically live longer. The net result of all these factors is that women’s retirement savings and investments generate about 30% less income than men’s once they stop working, and women also face a greater risk of running out of money in retirement.
Women are behind in retirement planning and the gap between the financial wellness of men and women continues to widen. According to the survey:
 63% of women say they have any money saved toward retirement, compared to 80% of men.
 44% of men say they are currently saving towards retirement compared to 31% of women.
 35% of men are confident their retirement savings are on track to live comfortably throughout retirement without running out of money, compared to 19% of women.

Shelly-Ann Eweka, Senior Director of Advice Strategy at TIAA, discusses this latest survey results and why it’s important for employers to take the necessary steps toward empowering women to learn more about their financial wellness before they reach the age of retirement. Eweka will also outline how research shows that employers must take a tailored approach to support women improve their financial well being and close the retirement gap.

Interview courtesy: TIAA

NO SECRET THAT DURING THE PANDEMIC, WOMEN SUFFERED MUCH MORE FINANCIALLY THAN MEN, BUT A NEW SURVEY SHOWS HOW THIS COULD IMPACT THE REST OF THEIR LIVES.

TODAY, ONLY 19% OF WOMEN FEEL CONFIDENT THEY’RE ON TRACK TO LIVE COMFORTABLY THROUGHOUT RETIREMENT WITHOUT RUNNING OUT OF MONEY.THAT’S BARELY HALF THE NUMBER OF MEN WHO FEEL THAT WAY.

AND ONCE WOMEN STOP WORKING,THEIR RETIREMENT SAVINGS AND INVESTMENTS GENERATE ABOUT 30% LESS INCOME THAN MEN’S.

HERE WITH A CLOSER LOOK AT THE FINANCIAL WELLNESS GAP AND TO EXPLAIN WHAT WOMEN CAN DO TO TAKE CHARGE OF THEIR FINANCIAL FUTURE, IS SHELLY-ANN EWEKA, (EH-WIH-KA) SENIOR DIRECTOR OF FINANCIAL PLANNING STRATEGY AT T-I-A-A.

Bio

Shelly is part of the team at T-I-A-A that helps customers plan their finances so they reach their retirement goals – both before and after they stop working.

She’s an industry leader who serves as an expert on the Woman-to-Woman Community section of TIAA.org., She’s also a member of several organizations within TIAA, including ones for Black and female employees, which create leaders and influence culture.

Shelly has been quoted in U.S.A. Today, Black Enterprise and several national media outlets and financial websites.

#shelly #eweka #tiaa #april #ciaa #financial #wellness #economic #vitality #retirement #credit #card #loan #payments #ann #gap #leaders #black #enterprise #media

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For more info, visit http://www.healthywomen.org and http://whatsgoingondownthere.com

#landmark #women #health #baby #boomers #issues #control #interfere #retirement #conditions #lives #suffer #silence #lack #knowledge #treatment #education #awareness #results #tools

The post Landmark Women’s Health Study Significant For Baby Boomers! “Classic Good News” 07/27/07 appeared first on Good News!.

Win at Aging: How to Stay Fit, Free, and Love Your Retirement!

By Sharkie Zartman 

Here comes the test of your life. You can do nothing and watch yourself just completely fall apart as each year passes or you can join Sharkie Zartmanin her winning approach to aging. 

Quick read that could change the rest of your life for the better. Give it a try.

—Don Hurzeler, Former CEO of Zurich Middle Markets;

professional photographer, Author of The Way Up,

Designated for Success, and Smells Like Retirement.

With more people than ever being home and seeking out ways to motivate and enjoy life at this time, Sharkie Zartman has written a fun, inspirational, and energetic guide that will educate your audience, no matter their age (Author’s Place Press, on-sale: September 15, 2020; $19.95/Paperback). Sharkie’s energy will inspire and wow your audience with a mindset that invites them to see aging as an opportunity and a privilege, as well as a challenge! With her years of earned experience as both a health and fitness professor, as well as a high-level athlete, Sharkie will guide your audience to start now and have a sporting chance at living a full, and vibrant life regardless of age! Sharkie can speak on a variety of topics including:

·  HolisticTraining Principles for Empowered Aging

·  Training during the COVID19 Pandemic

·  The Power ofNutrition

·  Building Your Successful Aging Team

·  TheAthletic Mindset; How To Beat Aging

·  Take Good Care of Your Brain

·  Your UltimateGame Plan

·  The AgelessAthlete

·  RealizingExercise Is No Longer Optional

·  How to Stay inthe Game Until the End

·  The Power ofRAP (Resilience, Authenticity, and Purpose)

Sharkie Zartman has written a must-read book for all of us aging athletes who refuse to give in and want to meet head-on the challenges of growing older. 

As a former collegiate and professional athlete and now an orthopedic surgeon and sports medicine specialist, I address these issues every day not only with my own body but also those of my patients. Sharkie is right on with her approach to aging as a sport and tackles it with a proactive approach that will leave you grinning from ear to ear with each page of this great read. I urge all

to read it and learn that winning the game of aging can be done with determination, strategy, and grace.”

—BillStetson, MD Stetson Powell Orthopaedics and Sports Medicine AssociateClinical Professor, University of Southern California Keck School of Medicine, Team Orthopaedic Surgeon, USA Men’s and Women’s USA Volleyball Team

As a former, All American volleyball player who competed for UCLA, and was also a member of the USA National Team in l974, Sharkie Zartman brings her experience as a former athlete and award-winning coach to the pages of the this thought-provoking book. Sharkie Zartman learned from sports and these valuable lessons and skills can easily be applied to the challenges of Aging. As a professor in the areas of health and fitness, she also brings her academic experience to this important subject. This is a book for Baby Boomers as they develop their life plans regarding Health and Wellness.

—Rick Bava Author of “In Search of the Baby Boomer Generation”

Win atAging brings real advice, real understanding, real purpose to a very real challenge: aging. Sharkie Zartman has a talent for teaching while keeping you interested. If you wish to grow old with pep in your step, I strongly suggest you read this book.

—LynetteLouise “The Brain Broad” Internationally renowned neurotherapist, author, speaker, producer, host and proud mother to eight miraculous children.

Highly readable, motivating, encouraging, and helping the reader to accept themselves and move forward to greater health and enjoyment.

—Brian Weather don, certified financial planner, a retirement coach and author of “A Lifetime of Wealth.”

 Sharkie nails it in this amazing book on the aging process. Getting older doesn’t have to be a bad thing, and this book proves just that!

—Cornell Thomas, author, “The Power of Positivity” and “The Power Of Me”

Sharkie Zartman’s new book appeals to me because I’m right in line with her thinking. At age 60, I reunited our rock ’n roll band “The Invictas.”During the 60’s we had thousands of fans due to our record and dance called“The Hump.” Since reuniting in 2005, we’ve been featured on NBC’s Today Show, in USA Today, played with The Beach Boys and we’re rocking thousands of boomers with our high energy classic rock show. None of us on stage are young guys, we’re all 60 plus. As Sharkie says in her book, Win at Aging, we are all aging and every part of our body

and mind is vulnerable to aging. I believe her book will help inspire millions of us who refuse to go down without a fight. At age 72, I run around on stage like a kid, my job is not

only to entertain, I want to inspire others to follow their dreams and live life to the fullest. I am with you 100%and her book that will inspire me to continue doing what I’m doing because “I refuse to grow up.”We call our concept“Rock Till Ya Drop.”And I’m going to keep Sharkie’s book close to me at all times.

—HerbGross

www.theinvictas.com 

 Aging is a challenge. Treating it like a sport is both brilliant and inspiring. Sharkie hits a home run with Win at Aging. 

Exercise, smart eating, and wellness, both physical and mental IS the best plan. Lets get in the game! 

—Dr.Robert A Weil, Sports Podiatrist and Host of the Sports Doctor Radio Show

Sharkie Zartman has written an empowering book about aging based on an athlete‘s experience, knowledge, and insight. She combines sound information, humor, understanding, and personal insights that make the book a pleasure to read. I would recommend this as a “must-read” for anyone who wants to age successfully. 

—HelenDennis, co-author of Los Angeles Times bestseller Project Renewment, Columnist, Author and Lecturer

Here comes the test of your life. You can do nothing and watch yourself just completely fall apart as each year passes or you can join Sharkie Zartmanin her winning approach to aging. A quick read that could change the rest of your life for the better. Give it a try.

—Don Hurzeler, Former CEO of Zurich Middle Markets; ProfessionalPhotographer, Author of The Way Up, Designated for Success, and Smells LikeRetirement.

Sharkie Zartman is a professor of health and fitness.  She teaches classes in health and power yoga at ElCamino College. She is also the host of Sharkie’s PEP Talk on Healthy Life Radio and a Holistic HealthCoach. She is the author of nine books.  Her best selling YouthVolleyball book was ranked as a number one bestseller on Amazon for youth sports,  “Shark Sense”,is a fun empowerment book that has 5 five star reviews on Amazon and compares human goal searching behaviors to sharks. “So You Think You Can Coach Kids?” is a great resource for anyone who is coaching youth sports or just getting started, while#HeySportsParents gives parents an insightful guide to be a success with your child who plays sports.

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THIS IS QUOTED FROM HAROLD:

“I’ve often been asked, ‘What do you do now that you’re retired?’

“Well…I’m fortunate to have a chemical engineering background and one of the things I enjoy most is converting beer, wine and whiskey into urine. It’s rewarding, uplifting, satisfying and fulfilling. I do it every day and I really enjoy it.”

Harold is an inspiration to us all.

The post The Importance of an Occupation after Retirement!! appeared first on Good News!.

Advice on Saving for Retirement Varies Depending on Your Stage of Life

Insight from a Financial Services Expert on What to Do When…

It’s something we know we all need to do. But depending on our age, and our stage of life, there are different retirement rules we need to follow.

Available to talk to your listeners about how to save, and eventually spend, in retirement, is financial services expert Scott Thoma. Scott’s advice has been featured on CNBC’s Squawk on the Street, PBS’ Nightly Business Report and Bloomberg. He’ll be available on December 20, 2011, for interviews, offering age-based advice on preparing for retirement. He’ll discuss:

•  In your 30s and 40s: You’re getting married, you’re buying a home, you’re having a family…you’re saving for a down payment, you’re saving for your kids’ college, and you’re saving for retirement. Advice on how you can balance it all, and where exactly to place saving for your retirement on your to-do list.

•  In your 50s: The kids are out of the house, the college education is paid for – maybe. You’re nearing the age at which you want to retire. What can you do to preserve the funds you’ve accumulated and make the most of the home stretch, and what to do if you’re behind? Advice on what you should be doing with your money now, as the age for retirement draws near.

•  In your 60s: You’re just about there. You’ve been so focused on saving that it’s time to learn how to spend in retirement. Advice that’s very important to today’s Baby Boomers: what you need to know about spending smartly once you’re reliant on your retirement income.

About the talent: Scott Thoma has been a guest on CNBC’s Squawk on the Street, PBS’ Nightly Business Report and Bloomberg and has been quoted in such publications as The Wall Street Journal, Kiplinger’s and the Boston Globe.

SUGGESTED QUESTIONS:

• Why is saving for retirement important early on?
• In our 30s and 40s, what are our challenges, and what should we do?
• In our 50s, which challenges are less prominent and how can we give our savings and investments one last push?

• In our 60s, how can we – and the millions of Baby Boomers out there – start to prepare to live in retirement?
• What about when to take Social Security?

• Where can we go for more information?

The post A Nest Egg For The Ages: Saving and Spending Advice Based On Your Age appeared first on Good News!.

Women started buillding retirement funds later. And even in the 20th Century, women remain naïve and ill-informed as to their retirement options. Lynn Rollins of WISER, discusses their options as well as provides other tips on Getting Your Money’s Worth with Judith West

#gettingyourmoneysworth #judithwest #lynnrollins #wiserwomen #retirement #secureyourmoney #informed #funds #goodnews

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