Should Women Invest More Aggressively Than Men in Their Younger Years?

by Fern LaRocca CFP®

in 401k limits

Part of a good 401k  plan and retirement plan, is making sure that both spouses have enough retirement income that will last their whole lives.

Because women live longer than men and make less, should they invest more aggressively to get the 401K maximum? Think about this as you manage your 401k assets.

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Will you be more aggressive with your retirement plan in your younger years and then conservative?

Will you stay moderate throughout your peak earning years yet add more each year?

Will you stick with a moderate portfolio throughout your lifetime even though you risk less income at retirement?

All great questions to ponder around women’s finances when you review your statement each year.

This is a great article that addresses that issue although I think there are more choices for women than what they recommend.

How Retirement Planning Shortchanges Women

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