Research has shown more women than men are living in or near the poverty level after retirement.
Experts say many of these women are not planning for the future because they left finances to a spouse or believed they just did not make enough to save.
Certified Financial Planner George Urist says those practices can leave women in very difficult situations, especially if they have been divorced or had a spouse die, because the average social security income is so low.
He urges women to tighten their financial belts and to educate themselves about their finances.
"Know what your financial situation is, to accompany your spouse to meetings with a financial advisor, take an interest, ask questions, because as you pointed out those circumstances do happen and you need to be better prepared for that," advises George Urist, Certified Financial Planner.
AARP is also holding financial freedom forums nationwide aimed towards women of all income levels. For more information, women should contact their local AARP.