Financial experience and well-being among mature widowed women

Widowhood for women may be complicated by a lack of financial experience or knowledge, further diminishing well-being. Analyzed were data from 300 widowed women aged 60 and older regarding financial experience prior to widowhood, planning undertaken before death of spouse, and their effects on well-being in early widowhood. Shown by the findings was that preparation was associated with somewhat better well-being among widows, but financial experience prior to widowhood had no effect.