Bbuzzard Regarding "Off topic, but I have to call you on this. Are you suggesting that women are not capable of making reasonable investment decisions Becuase that is what it sounds like. Alternatively, you may be suggesting that most off the people on the board are male, and their spouses may not be as interested in/knowledgable about investing as they are. For all I know, this may be true.Maybe your comment is reasonable after all. "
I am just looking at the averages..I am not saying that women can't manage finances, but I am saying you have to look at the typical situation. Many women can successfully manage a retirement income. But the majority of these situations are when the men manage the finances..this may change as the boomers retire, but I don't know..I can tell you that my father died two years ago and my father-in-law this past spring..both surviving spouses are bright, educated women, but have very little financial knowledge..Not only do they have to deal with grief, but now have to wonder if they have enough money to live on the rest of their lives.
All I am saying is that you have to look down the road..Most currently married women can expect to be widows in the future...DB pensions protected them..When the nest egg is gone (in a 401k world), who will be around to suffer