Savvy Senior: Retirement planning tips for single women

Dear Savvy Senior,

What retirement planning tips can you recommend to single women? I’m 54 and divorced with a teenage daughter and very little saved for retirement.

Financially Behind

Dear Behind,

It’s an unfortunate reality, but most single women – whether they’re divorced, widowed or never married – face much greater financial challenges in retirement than men. Why?

Because women earn less mone...