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4 LGBTQ+ retirement hurdles (and what to do about them)
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FILE - U.S. $100 bills are seen, Thursday, July 14, 2022, in Marple Township, Pa. In many ways, retirement planning for someone in the LGBTQ+ community follows the basic tenets of anyone’s retirement planning: save more, spend less, invest for the long term. But there are some unique challenges. - photo by AP Photo/Matt Slocum, File
In many ways, retirement planning for someone in the LGBTQ+ community is the same as anyone else’s retirement planning: save more, spend less, invest for the long term. But for LGBTQ+ people, there are unique challenges. Historically lower incomes mean they have less to save overall.