Wednesday, April 12, 2006

Retirement: How can it work if you don't have much money?

Hi:

Well, it's easy to speculate about all the wonderful things we can spend our money on - if money is no problem. It's a bit more challenging if, because of a variety of circumstances, money will be quite limited.

Unfortunately, this is the case for many women. The causes are many, much of it having to do with societal norms at the peak earning years for women.

Of course there have always been a few women who achieved professional careers. However,the vast majority of women were stuck in low paying clerical jobs thirty years ago. They did the work, others got the money.

Women eventually became smarter. However, if you combine those circumstances with child-bearing and child-rearing, it's not a pretty picture for some.

What to do now? My comments for the not-so-rich are - be resourceful, creative, open-minded, persistent, willing to make compromises, and try new things.

I'll talk about each of these characteristics and what they might bring tomorrow,

Mahara Sinclaire

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