Manage your money like a man
Men and women face different challenges when it comes to earning, saving and investing. Here are 13 strategies men can follow to overcome the gender obstacles to financial success.
Nearly 40% of husbands urge their wives to retire when they do (vs. 21% of women), largely because men are typically older than their spouses and quit working first. But shared sunsets come at a hefty price.
If your wife stays on the job just a few more years, you may be able to put off tapping your savings or at least draw down at a slower rate; you may retain access to health insurance before you or your wife is eligible for Medicare; and you and your spouse may be able to postpone claiming Social Security, which will result in higher benefits down the road.
NEXT: Retirement: Extend your pension
Last updated November 05 2010: 9:00 AM ET