Seven Tips for Women to Improve Their Retirement Readiness

How each woman ultimately plans on spending her retirement is unique, but the tools to help attain retirement readiness are common to all, including:

1. Develop a retirement strategy and write it down.
2. Calculate your retirement savings needs – and save at a level to achieve those needs.
3. Consider retirement benefits as part of your total compensation. If your employer doesn't offer you a plan, ask for one.
4. If your employer offers a plan, participate and defer as much as you can.
5. Get educated about retirement investing. Seek professional assistance if needed.
6. Have a backup plan in the event you are unable to work before your planned retirement.
7. Talk about retirement with family and close friends. An open dialogue with trusted love ones about expectations of either needing to provide or receive financial support should be part of every woman's retirement strategy.

About the 13th Annual Transamerica Retirement Survey
The 13th Annual Transamerica Retirement Survey was conducted online within the United States by Harris Interactive on behalf of Transamerica Center for Retirement Studies^® ("The Center") between January 13 and January 31, 2012 among 3,609 full-time and part-time workers including 1,818 women and 1,719 men. The Center is a nonprofit, private foundation, and is funded by contributions from Transamerica Life Insurance Company and its affiliates and may receive funds from unaffiliated third-parties. For more information about The Center and the full methodology, please refer to www.transamericacenter.org.

The Transamerica Center for Retirement Studies^® ("The Center") is a non-profit corporation and private foundation. The Center is funded by contributions from Transamerica Life Insurance Company and its affiliates and may receive funds from unaffiliated third-parties.

The Center and its representatives cannot give ERISA, tax, investment or legal advice. This material is provided for informational purposes only and should not be construed as ERISA, tax, investment or legal advice. Interested parties must consult and rely solely upon their own independent advisors regarding their particular situation and the concepts presented here. Although care has been taken in preparing this material and presenting it accurately, The Center disclaims any express or implied warranty as to the accuracy of any material contained herein and any liability with respect to it.