The reality: They need to plan for retirement diffently. Women pay a higher economic price for divorce, separation, and widowhood compared with men. Older wives are doubly disadvantaged because they are less likely to recoup their losses from divorce by remarrying, according to a 2016 Center for Retirement Research study.
Teresa Unseld argues that the arts improve physiological, mental and physical health, and offers seniors, especially those facing dementia, the opportunity to focus on the skills they do have rather than what they've lost.
Erin Arvedlund writes a weekly column for the Inquirer on investing and personal finance. Her first book was Too Good to Be True: The Rise and Fall of Bernie Madoff (Penguin).