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The Suze Orman Show

Quiz: Quiz: Women And Money

Question 3 of 11

Approximately what percentage of women who are married or living with a significant other feel responsible for planning for retirement?

  1. 15%
  2. 30%
  3. 45%
  4. 55%
Correct!

According to the National Center for Women and Retirement Research, less than 15 percent of women who are married or living with a significant other feel that planning for retirement is their responsibility. The Center also found that 75 percent of women will be widowed by an average age of 56, and within two months of the death of their spouses, 25 percent of them will be broke. With this in mind, it's easy to understand why almost 87 percent of elderly Americans living in poverty are women.

SOURCE: Women and Investing: Take Charge of Your Financial Life | Womensmedia.com