Women face certain realities that can make building wealth more complicated for them than for men. Case in point:
– Women still get paid less than men (though the gap is narrowing)…
– That can translate to less money to put aside for retirement.
– Women are more likely to take career breaks to care for kids or aging parents. That has financial ripple effects.
– Women live longer than men—that requires planning!
Unfortunately, we see a lot of financial advice that doesn’t acknowledge these realities, or that gets things wrong. For instance, women aren’t inherently risk averse! In this video, Quorum Partner Sue Mazzetti breaks down some of the financial hurdles women face AND how working with a financial advisor can help you get over them.