Helping North Dakota Women Overcome Money Stress, Stagnation in Retirement

(Adobe Stock via Prairie News Service)

(By Mike Moen. Prairie News Service) – New survey data reveal women 50 and older are feeling more stressed about finances than men in the same age group and outreach efforts in North Dakota aim to help women nearing or at retirement age better manage their money and benefits while finding purpose.

An AARP poll found only 11% of women over 50 are confident they will be in a better financial situation a year from now, compared to 19% of men. More than half the women surveyed are not confident their money will last long-term.

Kathi Schwan, a retiree from West Fargo, said she was fortunate to have some security after her career wound down but health care still takes a big bite out of her monthly income.

“Now I am under Medicare and it’s a lot easier,” Schwan noted. “But yeah, you definitely have to think about those things.”

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