Nov. 3 Women & Money Conference Aims to Help Women Secure Their Financial Futures
Women still at greater risk of financial insecurity than men
What: 2012 Women and Money Conference for women of all ages and financial circumstances.
Breakout sessions led by certified financial planners and other experts on retirement planning for women, the ABCs of Social Security and retirement, improving credit and reducing debt, protecting money from fraud, scams and rip-offs, and a conversation about the future of Social Security. About 150 people are registered to attend.
When: Saturday, Nov. 3, 2012
8:30 a.m. to 1:30 p.m.
Noon to 1:30 p.m. - Lunch with Keynote Speaker Jean Setzfand, AARP Vice-President for Financial Security, Washington DC - "Retirement Security for Women"
Where: Center for People in Need Conference Center
3901 N. 27th St., Unit 1
Who: Jean Setzfand, AARP Vice-President for Financial Security, Washington, D.C.
She leads AARP's educational and outreach efforts aimed at helping Americans have financial peace of mind in retirement. Also, representatives from sponsoring organizations: Women's Foundation of Lincoln and Lancaster County, AARP Nebraska, Lincoln Benefit Life and Delta Sigma Theta Sorority, Inc., workshop session presenters and participants from the community.
Media availability with Jean Setzfand before and after her keynote remarks. Representatives from sponsoring organizations and presenters also are available for interviews throughout the day.
Why: It's never too early or too late for women to begin planning their financial futures. Although women's financial situations have improved significantly in the past decades, they are at greater risk of financial insecurity. Women outlive men by 5 years on average, so they have more years to cover in retirement. Women have fewer resources to rely on in retirement, often due to divorce, widowhood, salary/benefit differentials and caregiving. Almost 70 percent of women age 75 or older are widowed, divorced, or never married, compared to only about 30 percent of men. For women age 75 or older and living alone, the median household income is approximately $14,600, about $4,000 less than single men at that age.
(Contact: Devorah Lanner, AARP Nebraska, 402-323-5425, 402-304-6172 cell or firstname.lastname@example.org)