For many women like you, being financially secure is an important goal, whether you’re married, single, working, or staying home with children. This financial independence can give you a certain level of empowerment and confidence about the future.
The truth is that women face different issues than men when it comes to financial planning. Women today face a longer life expectancy than men by about five to eight years and typically spend fewer years in the workforce due to childcare. They also earn less in Social Security benefits and lower pay than men, despite recent gains in equality. Issues such as retirement, college planning for children, caring for an aging parent, and divorce and widowhood can make a big impact on a woman’s budget.
So how can you protect yourself and make sure your own financial goals are being met? What are your options for seeking help in getting your finances in order?
It’s time to focus on planning for your unique situation and life changes specific to women investors. Together, we can start making decisions today that can positively impact your financial future. If you’d like to discuss your financial future in more detail, contact the office any time to schedule an appointment.
P.S.: If you know other women who could benefit from these emails about how to become more financially savvy, please reach out to have them added to this distribution list.
Being Financially Independent
May 07, 2020