Women have been disproportionately affected by the COVID-19 pandemic, often juggling childcare and homeschooling responsibilities while working from home. And they’re the lucky ones who can work from home. Women are also more likely to be on the front lines of the pandemic in their role as healthcare workers and are more likely to lose their jobs in the female-heavy hospitality and retail industries. The result is women are more concerned about the pandemic’s impact on their finances and financial future. In this fourth episode of the Retirement Repair Shop, Catherine Collinson, head of nonprofit Transamerica Center for Retirement Studies, discusses how financial advisers can help women manage through the current uncertainty while remaining focused on long-term planning goals.
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