Report finds women can anticipate nearly half the retirement income of men

Women are at a much higher risk than men of facing economic uncertainty in retirement and, on average, they'll enter retirement with considerably less savings than men. Women face these unique challenges because they spend fewer years in the workforce, earn less income and have longer life spans than men, according to a report released May 7 entitled, "The Female Factor 2008: Why Women are at Greater Financial Risk in Retirement."
Multiple factors combine to cloud women's retirement security, including less time in the workforce and lower lifetime earnings then men. The report finds that women earn 77 cents for every dollar earned by men, which translates into a median retirement income of just 58 percent of men's. Additionally, due to family caregiving responsibilities, women are in the workforce an average of 12 years less than men. More>>

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American Equity to Host 2008 Investor Day

Business Wire US03076C1062 American Equity Investment Life Holding Company (NYSE: AEL) today announced that it will host an Investor Day on Tuesday, May 20, 2008 in New York City. Lunch will begin at 12:00 p.m. (EDT) and management presentations will begin at 1:15 p.m. Management will provide information on AEL s strategy, investments and asset quality, sales outlook and financial performance. A question and answer session will follow management s presentations. Members of the investment community are invited to attend. To register, please go to American Equity s Website at www.american-equity.com under the Investor Relations tab. All presentations, including the question and answer session, will be webcast live. Investors may access the event on American Equity s Website, www.american-equity.com. More>>