Alert
Close

Join the Drive to End Hunger! Watch the NASCAR race on Sunday at Kansas Speedway.

Most
Popular

Viewed

Nothing has been viewed

Women Face Crisis in Retirement, Experts Predict

Potential problems include caregiving stress, inadequate financial planning and wage gap

Lorraine Cortés-Vázquez, executive vice president of multicultural markets and engagement for AARP, called on women to better prepare for their own long-term care needs. "The biggest barriers are lack of knowledge and preparation," she said.

Cortés-Vázquez listed four areas that women should focus on as they plan for their future: taking better care of their health; saving more for retirement; finding housing options so they'll be able to live independently; and preparing appropriate legal documents, such as an advance directive. She directed the audience to an AARP's Decide. Create. Share. program that can help them make those preparations.

"As our report states, preparation must occur on more than just the personal level," said King. "Local, state and federal governments must begin to make changes now to help current caregivers and future retirees so that the impending wave of 78 million baby boomers does not wipe out the finances of future generations."

Also of interest: AARP Retirement Calculator

 

Topic Alerts

You can get weekly email alerts on the topics below. Just click “Follow.”

Manage Alerts

Processing

Please wait...

progress bar, please wait

Tell Us WhatYou Think

Please leave your comment below.

Caregiving
Resource Center

Find tools, work sheets and tips on how to plan, prepare and succeed as a caregiver. Select a Caregiving Resource Center topic from the drop-down menu below.

Discounts & Benefits

From companies that meet the high standards of service and quality set by AARP.

Prescription medication spilling out of bottle

Members get a free Rx discount card from AARP® Prescription Discounts provided by Catamaran.

Grandson (8-9) whispering to grandfather, close-up

Members save 20% on digital hearing aids with AARP® Hearing Care Program from HearUSA.

AARP membership discount Man trying on eyeglasses at optometrists smiling

Members save up to 60% on eye exams at LensCrafters.

Caregiving walking

Caregiving can be a lonely journey, but AARP offers resources that can help.