The Rise of Female Boomers in the Market
As Baby Boomers continue to age, a significant demographic shift occurs: the future Boomer consumer will increasingly skew females. This trend is driven by women's longer life expectancy, leading them to dominate the Boomer consumer segment. The Demographic Shift Women have a longer life expectancy than men,...
Why Women Trail Behind in Retirement Savings
Saving for retirement is important for financial stability in the future. However, there is a big difference between how much men and women save for retirement savings. A survey found that nearly 70 percent of people think men save more money than women. Understanding the reasons...
Celebrating Single Working Women
As societies around the world progress, they are slowly but surely erasing the age-old stigma associated with single and/or working women. However, they still face numerous challenges in the workplace and society. Single Working Women’s Week celebrates the resilience, strength, and achievements of single women...
Retirement Anxiety More Pronounced Among Millennials and Gen X
Retirement anxiety is a shared experience across generations, but it’s particularly pronounced among Millennials and Gen Xers. You're not alone if you’re feeling cynical about attaining financial security in retirement. Why Millennials and Gen X are so concerned about Retirement According to the 2024 Annual Retirement Study...
Enhancing Pension Plans: Strategies for America’s Retirement Crisis
As the landscape of retirement planning continues to evolve, it's becoming increasingly evident that many Americans are facing significant challenges in preparing for their golden years, particularly with the decline in traditional pension plans. With the shift away from traditional pension plans towards individual retirement accounts...
The Financial Literacy Gap for Women
When it comes to personal finance and wealth building, women face a unique set of challenges and opportunities. Women still report lower confidence levels than men in managing their cash flow and debt, allocating investments, and planning for retirement. This highlights the importance of bridging...
Modern Women’s Financial Wellness in 2024
In the symphony of modern life, women don't just play a part—they compose the melody. As architects of their destinies, women face a myriad of roles and responsibilities, from conquering career summits to nurturing the future, all contributing to Women's Financial Wellness. Yet, in the pursuit...
Gen Z, Women: Most Financially Stressed
Money may not buy happiness, but financial stress can take a significant toll on anyone’s mental well-being. From lingering debt to the effects of inflation on basic commodities, financial stress touches every generation — some more than others. ...
Women, HSAs, and Long-Term Care Planning
Financial planning isn't just about saving for short-term goals. It's also about securing your future. Health Savings Accounts (HSAs) are seen as valuable tools for managing healthcare costs, and women, in particular, should take a closer look at these accounts....
How Business Women Can Prepare for Retirement
While retirement may seem like a distant destination, especially when you’re busy building a career or running a business, it’s essential to start planning early. Men and women may share certain financial goals, but women possess different perspectives and requirements when it comes to saving...