Women may need extra steps on the road to financial security

International Women’s Day was observed on March 8. Around the world, thousands of events will honor women’s achievements. Yet, women still face challenges in many areas of life – such as their financial situations. So if you’re a woman, you may want to use this occasion to consider steps you can take to help move toward your important financial goals, such as a comfortable retirement.

First of all, be aware of the potential obstacles facing women: lower earnings than men, longer lifespans than men and more time out of the workforce than men. This last element is particularly important, because...