Press

Women outlive men by an average of six years, making many widows responsible for their finances for extended periods. However, some younger widows are ill-prepared for this responsibility as they were not involved in their finances during marriage. To ensure financial security, widows should avoid relying on family members and seek unbiased and comprehensive advice from a financial advisor. Tracking spending and being aware of fees and charges is also important. With knowledge and vigilance, widows can make sound financial decisions after the death of a spouse.