The intricacy of preparing for retirement can make both genders today anxious, especially in today’s market. However, in a recent article on CNNMoney.com, women should be compelled to save more and retire later than men, mainly because they live longer. According to a study, women live an average of 22 years after retirement versus 19 years for men. And while women may not earn as much money as men and are more likely to be in and out of the workforce during their career, the biggest concern is that their gender isn’t saving early enough in life for their retirement. According to a study, these factors have resulted in women’s median retirement income to be just 58% of men’s.

These shocking statistics should compel more women to begin preparing and saving more for their retirement. NADART retirement plans offer a variety of retirement options, collective investments and mutual funds to choose from, no matter which age or stage of life you are beginning to save. The complexity that is often carried along with retirement planning can make anyone reluctant to begin saving, which is why NADART offers a Plan Information Center for participants who have any questions regarding their retirement plan as well as online tools to help facilitate and monitor your investments easily and strategically. NADART has offered retirement plan services since 1957 and can help you with various approaches for saving and investing. To find out more, please contact one of our representatives at (800) 462-3278, ext. 7161 or by e-mail at nadart401k@nada.org. You can also request information via our online Product Information Request Form.