Around the world, LGBTQ couples’ legal and financial rights vary depending on where they live. While their equal rights are legally enshrined in Switzerland and the U.K., they aren’t recognized or protected in Singapore and Hong Kong. In the U.S., rights vary from state to state.

Yet, even in countries where the LGBTQ community has full equal rights, they still face special challenges when it comes to financial planning, according to a UBS report released Monday.

One key factor that affects how LGBTQ couples invest is life expectancy. Currently, a 45-year-old opposite-sex couple in the U.S. has a median joint life expectancy of 88.5 years, compared to 90.5 years and 87 years for same-sex female and male couples, respectively.

Meanwhile, same-sex female couples are more likely to have one member live past the age of 100 than opposite-sex couples or same-sex male couples, according to the report.

“As female couples tend to live longer, they need to consider unconventionally how they manage their financial resources and how they prepare retirement,” says Paul Donovan, chief economist at UBS Global Wealth Management.

For day-to-day financial planning, one major concern for LGBTQ couples will be an emergency fund, or rainy-day fund.

In Singapore, Hong Kong, and some 30 U.S. states, where there are no anti-discrimination laws, LGBTQ workers can be fired based on their sexual orientation or gender identity.

“We talked to a lot of LGBTQ clients in different countries. They worry about their job security, which in turn can affect their performances,” Donovan says.

Read more barrons