Financial Wellness for Women
Planning to live one’s desired lifestyle now, and for 30 years of retirement, with inflation, taxes and market ups-and-downs is not simple for anyone. However, financial wellness for women, specifically, adds another layer of planning nuances. Women retire with 2/3 the money of men. This is primarily due to a longer life expectancy, caregiving responsibilities, less earnings and investing less and later. Since challenges and opportunities can vary greatly based on stage of life, let’s identify specific behaviors and actions to be taken now, and going forward, to be on (or get back on) a solid path to building or maintaining financial independence.