Mothers are so incredibly special and important, which is why we dedicate an entire day to celebrating them each year on Mother’s Day. This day is meant to reflect on all of the amazing things that your mother has managed to accomplish in her lifetime, and how many of those things she did for you.

Many of us feel that we can never repay our mothers for their unbelievable sacrifices, but one things that we can do is make sure that our mothers enjoy a safe and secure retirement.

Retirement Worry

The biggest worry that people face when heading into retirement is that they may not have enough money to actually last the entire length of their retirement. In fact, the Employee Benefit Research Institute reports that 39% of people are not confident that they and their spouse will have enough money to live comfortably throughout their retirement.

Longevity of life is only increasing over time due to advancements in medicine and health. People are living longer, which also means that retirement is lasting longer for most.

Retirement For Women

In addition to general worries about retirement, women also have more of a reason to be concerned about saving for retirement than men. Women have certain barriers to earning income all throughout life such as wage gaps, time off for maternity leave, etc. that greatly impact their overall income. Since women do not typically earn as much as men, they have even less money to work with once it comes to retirement.

For more information on the burden that women bare when heading into retirement, please take a look at our recent blog post, “Why Women Should Be Strategizing Their Retirement Savings Differently Than Men”. This particular post contains a wealth of information on how women can structure their retirement savings plan differently to safeguard against shortfalls over the length of their professional career.

The CKS Process

If you are looking for ways to optimize your retirement income plan, then look no further! The financial experts at CKS Summit Group are here for you.

We believe in a process that is customized just for you. We will work to build you a portfolio that protects you during times of market volatility while also performing during times of prosperity.

To schedule your own strategy session with a CKS financial advisor, please give us a call anytime at 586-286-5820. You can also schedule your strategy session online by simply clicking here.

Thank you, and we look forward to making the most of your retirement soon!