As the primary decision-makers for nearly 40 percent of all investable assets in the U.S.1, women have become a powerful economic force. But studies show that the vast majority of these assets remain “under-invested.”2 And while guidance around wealth is largely the same for both genders, we understand that there are important differences for women to consider.
Women face unique financial obligations that come with their many roles in life – from business owner to mother to sister to widow. They also face unique challenges preparing for a comfortable retirement, such as:
- Women have longer life expectancy than men
- Women outlive husbands by 5 to 8 years
- On average, women earn less income than men
- Women often accrue fewer working years than men (due to child care responsibilities) and on average, retire earlier.
We want to hear YOUR story. We can help you navigate these complexities and take charge of your wealth – so you can realize the strong financial future that you envision for yourself and your family.
1American Funds. Women Control a Growing Percentage of Investable Assets, March 6, 2017.
Available at https://www.americanfunds.com/individual/news/by-the-numbers/women-and-money.html.
2Age Wave. “Women and Financial Wellness: Beyond the Bottom Line,” May 2018