Abstract
Drastic decreases in income characterize retirement for women. Women are living longer, healthier lives and because of this, many are in danger of outliving their economic resources. Women plan less frequently for retirement than men. The reasons for failing to prepare for retirement are, in part, related to the traditional roles of women in society, roles emphasizing inferiority, dependency, and passivity. Female self-image and fear of growing old inhibit women from aggressively and independently planning for their retirement.