Stay-at-Home Spouse? Consider a Spousal IRA

Stay-at-Home Spouse? Consider a Spousal IRA

An ongoing study of IRA accounts has consistently found that women, on average, have lower retirement savings balances than men (see chart). Though there may be multiple reasons for this disparity, the most fundamental are the wage gap between men and women and the fact that women are more likely than men to take time off to care for children and other family members.1

Laurie Fried and Jeanie Schwarz Discussed Financial Wellness at Parlay House

Laurie Fried and Jeanie Schwarz Discussed Financial Wellness at Parlay House

Recently, Laurie Fried and Jeanie Schwarz (Principals at Lumina Financial Consultants) appeared on Parlay From Away: A Digital Conversation Series. We walked through taking control of our financial wellness as women and discussed best practices for coping with economic uncertainty. If you weren’t able to experience this illuminating event with us, please enjoy the recorded conversation.