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The latest on the Key Bridge collapse, New York puts forth legislation to get clean energy projects on the grid and Wisconsin and other states join a federal summer food program to help feed kids across the country.

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Republicans float conspiracy theories on the collapse of Baltimore's Key Bridge, South Carolina's congressional elections will use a map ruled unconstitutional, and the Senate schedules an impeachment trial for Homeland Secretary Mayorkas.

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NH Women Boomers: Advanced Planning for Longer Retirement

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Tuesday, October 1, 2013   

CONCORD, N. H. – Members of Congress joined business leaders at a national forum on Monday to focus on some of the special financial challenges facing "Boomer Women," in New Hampshire and across the nation.

AARP New Hampshire State Director Kelly Clark was among those in Washington, D. C., for the forum. She says the main takeaway is that women in the Granite State need to spend wisely – just like most others in the boomer generation nationwide.

"We do know from New Hampshire statistics that women have fewer sources of income in retirement than men. We also see that, without Social Security, 41.8 percent of older women would be in poverty."

While there are more opportunities for entrepreneurship among women, adds Clark, they typically are still paid less than men in the business world.

Sen. Kelly Ayotte was one of four female members of Congress who spoke at the forum as members of a panel. Ayotte made important points about the power of education in terms of making retirement investments, says Clark.

"So, when you combine the power with people making that investment, and then becoming educated about how to invest wisely, the two pieces together are very powerful."

Another reason that older Granite State women need to be especially sure to plan ahead is because they are living longer than men, says Clark. She noted that the financial experts who spoke at the forum continued to revisit the basics:

"Try to earn a decent living, which can be a challenge. Spend less than you make; save and invest. Really try to protect your assets, whether that is through estate planning, insurance and other ways."

Another topic of discussion at the forum: Women are more likely to be unpaid caregivers at various times in their lives, a factor that increases the chances they will have smaller retirement nest eggs.




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