Brittany Dandy at Black Enterprise has crunched the numbers, and black women in business have a number of hurdles to face in order to put together their nest egg for retirement:
Gender equality shouldn’t end when you finally reach your corner office,
but with women nearly twice as likely to retire in poverty, and black
women wedged in the financial constraints of the wage gap, no matter
your workplace status, the deficit manages to creep up and affect women
most during their retirement years. In effort to get ahead of this
deadly curve, its recommend that women begin planning for retirement as
early as their twenties.
Even if you didn’t start then, there are still steps you can take. Here are her three tips:
1. Maintain a moderate investing stance
2. Put in a few extra years on the job
3. Think outside the box
Head over to her article to read the full write up.