You’re a Widow. Now What?

May 6, 2019 by Bethany Frank

Losing a spouse is one of the most difficult experiences a married person can go through, and also the most inevitable for one half of the couple. Because women statistically live longer than men, roughly 34% of women over 65 identify as widows, but only 12% of men over 65 are widowers.

This often leaves tremendous financial pressure on women who lose their husbands in addition to the emotional burden of losing a loved one. Furthermore, because men often earn more than their wives, women who lose their husbands also often lose their primary household income. Without taking the right steps to ensure her financial future, a widow can find herself inundated with financial stress after her spouse’s death.

Check out this article from the New York Times for advice for women on how to manage joint finances after the death of a spouse.

 

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