Manage your money like a woman

Women typically earn less yet live longer than men, which suggests they need a different financial plan. Here are 13 strategies to ensure a comfortable retirement

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Investing: Be a cheapskate
Investing: Be a cheapskate
All investors benefit from lower fees, but it's critical for women looking for more growth without additional risk. Switching from an actively managed stock fund (average expense ratio: 1.4%) to a Vanguard equity index fund (0.2%) is like earning just over one extra percentage point. That will result in a 20% bigger nest egg over 20 years, says investment analyst Manisha Thakor.


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Last updated November 05 2010: 11:13 AM ET
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