Approach retirement as smartly as you approach anychallenge in life. (Photo: Shutterstock)
The LGBT community has always faced uniquechallenges—physical, emotional and financial. And despite the factthat the Defense of Marriage Act was struck down, there are stillplenty of legal obstacles for transgender, lesbian and gay couples—some of them surfacing just in timefor retirement.
According to SAGE, a nonprofit group focusing on improving thelives of older LGBT people, 51 percent of older LGBT people areworried they won't have enough money as they age, compared with 36percent of the general population. In addition, more than 40percent of the older LGBT community fears outliving retirementsavings and are “very worried” that they'll have to work beyondretirement age; just a quarter of non-LGBT people are comparablyconcerned.
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