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Motley Fool Answers

Why Women Have a Tougher Road to Retirement – And What We Can All Do About It

Motley Fool Answers

The Motley Fool

Taxes, Saving, Money, Investing, Planning, Retirement, Personalfinance, Finance, Education, Business

4.4823 Ratings

🗓️ 23 May 2017

⏱️ 29 minutes

🧾️ Download transcript

Summary

Women often face headwinds that prevent them from earning, saving, and investing for retirement. We’ll identify the challenges and discuss ways we can all help the women we love have a fret-free retirement. We’ll also taste test some Oreos with MarketFoolery’s Chris Hill and Jason Moser. Thanks to Harry’s for supporting The Motley Fool. Get your Free Trial Set – go to Harrys.com/fool.

Transcript

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0:00.0

Support for Motley Full Answers comes from Rocket Mortgage by Quick & Loans.

0:03.4

When it comes to the big decision of choosing a mortgage lender, work with one that has your best interests in mind.

0:08.4

Use Rocket Mortgage for a transparent, trustworthy home loan process that's completely online at quickenloans.com.

0:14.1

Also, thanks to Harries for sponsoring Motley Full Answers.

0:18.5

You can get a free trial set today, including a razor handle,

0:22.2

five-blade cartridge, and shave gel. Just go to Harries.com slash Fool.

0:29.3

This is Motleyful Answers. I'm Alison Southwick, and I'm joined, as always, by Robert Brokamp,

0:33.5

personal finance expert here at the Motley Fool. Hello everyone out there in Podcast Land.

0:38.3

In today's episode, we're going to discuss some of the headwinds facing women on the road to retirement and what women and men can do to help.

0:45.3

We'll also answer your question about where to put your cash in retirement and see if Chris Hill and Jason Mozer really know their stuff when it comes to Oreos.

0:53.3

Double, double stuff. I got that.

0:55.0

That was good.

0:56.0

That was good.

0:57.0

It's time for answers.

0:59.0

And today's question comes from LA.

1:02.0

They just had their initials in the email.

1:05.0

LA writes, I am 62, so my retirement horizon is within the next 10 years.

1:10.0

In a recent podcast, Bro said that the closer you get to retirement, you should be pulling

1:13.9

part of your money out of the stock market.

1:16.7

What are some options for where to place the money?

1:18.6

Well, LA, that's a really tough question these days because the classic alternatives

1:22.6

to stocks are cash and bonds.

...

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