Jodi Perez and Jeannie Holliday were named to the 2024 edition of the Forbes list of Best-in-State Top Women Wealth Advisors


Monday – Thursday: 9:00AM – 5:00PM | Friday 9:00AM – 4:00PM

CALL US: (813) 908-2701


Book An Appointment

Call: (813) 908-201

It is never too early to start planning for retirement. The last thing you would want to happen is not having the financial stability and resources necessary to maintain the quality lifestyle that you deserve after working for so long. However, retirement planning can be an overwhelming task for anyone. But, when it comes to women and retirement, it can be an especially challenging task for women for a variety of reasons. 

Women often face unique financial obstacles such as pay gaps, career interruptions, and longer life expectancies. This means women may have to work harder to achieve their retirement goals. However, by empowering themselves with knowledge and resources, women can conquer retirement planning and achieve financial security in their golden years.

Educating women about finance

One of the first steps to empowering women in retirement planning is education. Women often lack confidence in financial matters, which can lead to avoiding financial planning altogether. However, by educating themselves about the basics of retirement planning, women can build confidence and take control of their financial future. This can include learning about retirement savings options, investment strategies, and tax implications.

Unique circumstances for women

Women should also think about certain special considerations when planning for retirement. For example, women tend to live longer than men, which means they need to save more to support a longer retirement. Additionally, women often take on more caregiving responsibilities, which can lead to career interruptions and lower retirement savings. By considering these factors, women can create a retirement plan that takes into account their unique circumstances.

Take advantage of available resources

There are numerous resources specifically available for helping women with their financial planning. Many financial institutions offer educational resources and tools designed to help women with retirement planning. This can include webinars, calculators, online resources, and even books on financial planning that provide information on retirement savings options and strategies.

Collaborative approach

Another key aspect of empowering women in retirement planning is communication. Women often take on a collaborative approach to decision-making which can be effectively applied to retirement planning as well. Women should have open and honest conversations with their spouse, family, or financial planner about their retirement goals and plans. This can ensure that everyone is on the same page and working towards a shared vision for retirement.

Financial planners at Independent Financial Services are trained to provide a truly collaborative experience in planning for retirement, especially for women. This means listening carefully to the needs of clients and always being ready to receive feedback and making any necessary changes to your customized retirement and financial plans. 

Consult with a financial professional

One option that women should consider when planning for retirement is seeking out professional help. It is important to find a financial planner who can help women develop a retirement plan tailored to their specific needs and goals. At Independent Financial Services we have professionals that can guide investment strategies, tax-efficient savings options, and retirement income planning. By working with one of our professionals, women can feel confident that they are making informed decisions about their financial future. Get in touch with us today to get started.