New York ? Women face different financial challenges than men do. They still only make about 76 cents for every dollar men do, and they are also more likely to take time off during their careers to raise children.

Susan Black, director of financial planning at eMoney Advisor, offers these tips:

If you’re married, don’t leave the financial planning to your husband alone.

While the rule of thumb is that you should save 10 percent of your gross income each year, Black says that women should save 12 percent. This is to account for their longer life expectancy and the loss of wages many women face when they raise their children.

If you’re a stay-at-home mom and your husband works, open up a spousal IRA in your name. Your husband can contribute to it on an annual basis, and you’ll both have more money during retirement.

Make sure you have enough life insurance. Half of all marriages end in divorce, and three quarters of all women are eventually widowed.

Invest in long-term disability insurance.