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SummerOnTheWay1
March 18, 2025

👵 AARP Works to Protect Women’s Retirement Savings (AARP Article)

  • March 18, 2025
  • 10 replies
  • 4732 views

FROM THE ARTICLE: We’ve endorsed federal legislation that addresses the financial vulnerability of women retirees.

 

By Emily Paulin & Natalie Missakian, AARP.

 

Published March 18, 2025.

 

Women often earn less money than men throughout their careers and are more likely to leave the workforce to take on family caregiving responsibilities. That may leave them in a precarious position as they approach retirement.

That’s why AARP is backing federal legislation that would improve financial security for older American women and provide resources to help them be independent in retirement.

 

USE THE LINK BELOW TO READ THE ARTICLE: https://www.aarp.org/politics-society/advocacy/info-2025/protect-womens-retirement-savings.html

10 replies

GailL1
Community Champion ⭐⭐⭐
March 19, 2025

All I can say is LOL.

Better use of resources would be for women to learn how to protect themselves and save for themselves if they have a shaky marriage.  I am always appalled if I hear of a woman who was married for many years and never took care of anything that was outside of the caring and body washing - I have worked with many older ladies whose spouse had died and they are absolutely lost at the way of the world and especially money matters. 

 

I think the approval of both spouses before a retirement account is cashed in or changes is an OK part of this legislation but they shouldn’t mention just “WOMEN”  - it should go both ways.  

 

If women want to save for retirement, they should 1st learn about money, making money and how to use it.  Knowing where the money is is just as important as knowing where the kids are.  

 

It is their marriage too - so just roll up your sleeves and learn all about the household income and where it is going.  BE A PART OF rather than just the other half of the relationship.

 

If a divorce comes about - get the best lawyer money can buy and fight for what is yours.  

 

I don’t agree with the educational funding in this bill - there are already places where the info is readily available or even offered from organizations like this one - AARP.org.  Otherwise, we need to make sure the girls that are growing into women understand that they need to know this info - (actually boys too) so offer money management in school.  

 

When we start setting up grant programs within legislation like this, that’s when it starts to get out of hand.  Grant funding at $100,000 this year will soon turn into $500,000 in a few years cause all those organizations have salaries that keep going up and also the running of the org.  Let them solicited donation if they need them.  But today there are already plenty of nonprofits that are set up to teach people (men and women, old and young) about money matters.  

 

 

IT‘S ALWAYS SOMETHING . . . . .. . . . Roseanne Roseannadanna
SummerOnTheWay1
March 19, 2025

📎@GailL1 , GOOD feedback!!!  👍  Before, during and after my 1 marriage, I took care of my finances. I just DO NOT understand women who let the man control it all. But hey, as I have always said - NOT my biz and I DONOT judge. Thanks for stopping by. Nicole  👵

WebWiseWoman
Community Champion ⭐⭐⭐
March 19, 2025

btw, do you think I could at age 17 working for a billionaire who ended up stealing my 5 years of "retirement savings" in 1972 have done anything "right"?

 

Millions of us from the 60s and 70s lost EVERYTHING to these Billionaire Business Owners before Government protections of retirement funds; now how stupid do you think we were? Please reply because I really want to know!

Conversationalist ⭐⭐⭐
March 19, 2025

AARP is wasting so much effort on these endorsements! Women have been told for over 50 years to become more involved in personal financial management but too many failed to do it.  Too many women failed to do more than accept a handout for groceries or other household necessities from a spouse. These women were just too lazy to get involved in household finances. These are the same women that probably praised the spouse for taking such good care of the family!

 

Too many women with the 'knight in shining armor' dreamer attitudes!  Education and preparation for life failed so many women!

 

Contributor ⭐⭐⭐
January 31, 2026

   Actually, I recall in the 60's and 70's when many dads were the "boss" and moms were told what they could and couldn't do. Many were told that their place was in the home and husbands wouldn't allow women to work or be involved in the family finances. It wasn't so much that women were too lazy, but men were very controlling and that was seen as acceptable by society.

   I do believe that both young men and women need a better financial education if they are to have better financial outcomes in life. Young women need to realize that not every man is a knight in shining armor and know how to care for their own financial life when stuff goes sideways. With the divorce rate at 60% it is more important than ever.