Women and Financial Planning
Financial planning is more than saving for retirement or paying for a child’s education. YOUR goals and dreams have to be part of the equation.
Women live longer than men, and those extra years can add up. Making sure you have a balanced portfolio will help you achieve your retirement goals.
How do you feel about risk?
We all look at risk differently, based on our varying life experiences and financial position. Your personal investment strategy should reflect a clear understanding of what you’re investing for, how long you have to meet your goals, and your comfort level with risk. And, knowing how you may react to the ups and downs of the market is important. Some investments fluctuate more dramatically in value than others, but may have the potential for higher returns.
"No Kids" Shouldn't Mean "No Estate Plan"
Kids or not, It’s important to have certain estate planning essentials in place so that your legacy is left the way you intend.
Closing the Life Insurance Gender Gap
How confident are you that you and your spouse are adequately insured? Could you be a victim of the male-female life insurance gap? An online survey in 2019 found that men typically have more life insurance than women – a lot more, even when adjusting for salary differences. The result is a gap in coverage that could shortchange the very thing you’re trying to protect.
Study Confirms Women Most Often Manage Their Households
According to recent Modern Family Index research, women are two times more likely to be managing the household and three times more likely to be managing children’s schedules than their partners. And it is draining. Wheels are forever turning and there’s always planning to do. But we’re often our own worst enemy, striving to do everything at once and holding ourselves to incredibly high standards.