"I Am Woman, Watch Me Retire"

"It's underappreciated how much better one large cohort of aging boomers should do financially during the traditional retirement years," writes Chris Farrell in BloombergBusinessweek: "The college-educated stalwarts of the feminist movement."

These professional women have been slightly better than men at taking advantage of 401(k) plans, he notes. And they don't have to hurry into retirement. 

The vanguard generation of the women’s movement is well-suited to work long into the traditional retirement years. Baby boomers are healthier and better educated than earlier generations. Survey after survey shows that they don’t think of themselves as old and they’re well-positioned to earn a paycheck.

They're well-suited to investing, too,  Farrell contends. "A University of Michigan Retirement Research Center study found that men trade 56 percent more than their female counterparts in 401(k) plans, and the more men traded, the worse they did." 


Many of these women should be prospects for investment services of fiduciary quality.