FINANCIAL PLANNING FOR WOMEN
Empowering women through financial planning: Building a stronger financial future
Financial planning in the industry can be overwhelming and intimidating. To help more women take control of their money, we’ve built our financial guidance to be inclusive.
We are striving to create a new experience for women, to ensure that their goals are realized, and they are empowered in their overall financial life.
That’s why we created….
Now more women are on top of their money. Taking a more active role with finances in relationships is now non-negotiable. It makes couples happier, leaves less room for negative surprises down the line and gives them freedom to leave if they need to. Because – when you control your money, you control your life.
WHY WOMEN NEED BETTER OPTIONS FOR WEALTH MANAGEMENT:
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Women’s financial goals are often different from men’s; women’s #1 financial goal is taking care of family, while for men it’s retirement.
When a spouse dies, 70% of women will leave their financial institution they shared, within the first year.
Why?? They simply did not build a relationship with the advisor that their spouse did. We feel that a close rapport with the advisor is an extremely important aspect of building a financial plan.
Women tend to live longer, earn less over the span of their career, serve as primary caregivers more often, as well as having their earning power plateau earlier. These drawbacks come with real costs: it means that women have less margin for error.
Women want money as much as men do, but have different goals and intentions when it comes to investing and spending. Women save and invest to achieve financial goals; care more about how and with whom their money is invested; and when women have money, more of it goes back to their families and communities.
Covid has heightened issues that have always existed such as life changes, returning to work post parental leave, and juggling life changes on top of childcare.