Longevity Financial understands that women face unique challenges when planning for retirement.  Bradley J. Rosen, seen above with the women in his family, works closely with women in his community so they can take control of personal finances and overcome many obstacles.

Research shows that women live longer than men.  Why is this relevant in the financial world?  Because women must plan for longevity.  They must take this fact into consideration when making financial decisions.  If married, women must consider a time when they may outlive their spouse. Mr. Rosen has personally seen poor planning in his family’s older generations.  Both of his grandmothers  outlived their spouses by more than a decade and did not have enough money saved to sustain their lifestyles.

One key recommendation for women is that they implement a guaranteed lifetime income plan that they can never outlive.

Other important factors that specifically affect women’s financial planning are less pay, less time in the workforce, time and money spent caring for children or aging relatives, and higher healthcare costs. Longevity Financial’s goal is  to empower women to take control of their finances. Women must gain an understanding of their unique financial needs at every stage of life.

Women’s Health & Wealth Facts:

It is important for all women to be aware of the reasons why their financial planning must be different.

• Women only earn 81.6 cents for every dollar earned by men. 1

• Women receive less Social Security benefits than men. 2

• Women live longer than men, requiring a longer time spent in retirement. 3

• As a result of caregiving, it is estimated that women spend 12 fewer years in the paid workforce over their lifetimes. 4

• Women’s future healthcare costs in retirement are, on average, $15,000 more than men. 5

Bradley J. Rosen, president of Longevity Financial and co-founder of The Longevity Project has developed several workshops and conferences in the Miami area specifically catered for women in the community. His Miami Women’s Health & Wealth Conference at the Pritikin Longevity Center drew over 50 attendees who participated in workshops, classes, and demonstrations throughout the day that focused on women’s unique needs in regards to their physical, mental and financial health. He was recognized by the Women’s Chamber of Commerce for his work with women in the community.

We invite you to read the following articles from Longevity Financial:

1. https://www.census.gov/newsroom/stories/2020/equal-pay.html

2. https://www.ssa.gov/news/press/factsheets/women-alt.pdf

3. https://www.cdc.gov/nchs/data/nvsr/nvsr68/nvsr68_07-508.pdf

4. https://www.aarp.org/content/dam/aarp/research/public_policy_institute/econ_sec/2013/uphill-climb-women-face-greater-obstacles-retirement-security-AARP-ppi-econ-sec.pdf

5. https://www.hsabank.com/hsabank/press-release/hsa-bank-survey-consumers-remain-unprepared-for-healthcare-expenses-retirement