What does it take to retire? Will you be financially prepared to enjoy the comforts of life? For women in particular, retirement planning takes on a whole new dimension, for three important reasons:

1. Many women take time out of the workforce off to raise children, missing out on retirement plan contributions. (source 1, source 2)

2. Women statistically earn less over their lifetimes,  thus their retirement contributions tend to be less. (source)

3. Women, as a whole, live longer than men. Your retirement might be several years, even decades, longer than you expect. (source)

All of these concerns make retirement planning especially important for women.

How can Godfrey Financial help with Retirement Planning?

By looking at your current responsibilities and personal goals, we’ll help you determine short and long-term strategies.

• We’ll then incorporate cash-flow planning, retirement goals, tax planning, and other important factors.

• Our sophisticated planning methodology helps you establish realistic savings, spending and investment decisions.

• We know “cookie cutter” solutions aren’t realistic, especially for women, so we tailor a retirement plan that works for you. Financial planning software, while a powerful tool, often fails to adequately address women’s longevity issues.

• We schedule regular reviews to continuously evaluate your plan