I can’t resist commenting on this bankrate.com article titled Why Women Fall Behind in Retirement, by Sheyna Steiner. I was pretty impressed with it. It didn’t give simple answers. The reality is that we are behind in our retirement savings for complex reasons—a huge one being that we don’t make as much money as men do!!!

But this article also commented on the fact that so many women are ambivalent about finances. They find finances “boring” and let their partners handle it. Working women also do way more chores than working men and thus have less time to attend to personal financial planning. (I say that the greatest discrimination in the United States happens in the home!!!) And women are so focused on taking care of other people (like funding their children’s college) that they risk their own futures.

When you add to these reasons the fact that women are more risk adverse then men and report that they feel less confident then men do with managing money, well, it is no surprise that only 20% of women feel they will have enough money in retirement. It’s a short article and packed with a lot of food for thought. Share the article with other women and start talking about these factors. Silence does us no good.