By 2030, women in the U.S. are projected to control much of the $30 trillion in financial assets that baby boomers will possess. Women are also the largest beneficiaries of the current transfer of wealth, living an average of five years longer than men. Women control a third of total U.S. household financial assets yet have often been overlooked by the financial industry. What does it really mean to empower women investors?
The gender investing gap is REAL, and it’s just as damaging to women’s financial health as the wage gap. Just as it’s important for us to push for wage parity and workplace equality, it’s equally important for us to educate ourselves about investing, to talk about money and investing and to take control of our financial futures, for ourselves and our families.
The investing gap is 1 MILLION or more over the course of their lifetimes!!!
This disparity is even more pronounced given that women tend to live longer than men and incur greater healthcare costs in retirement.