Women & Investing

Women & Investing

Women investors face special challenges that make financial literacy and advanced planning especially important. For example, women are more likely to outlive their husbands or have divorce disproportionately affect them, making long-term financial strategies especially critical.

Women face unique challenges when it comes to investing and managing their finances. They often outlive their husbands, which can create stressful situations, especially if the husband has managed the finances. Studies show that many women are not actively involved in financial planning. For example, only 24% of women in their 50s have a financial plan in place. On top of this, women earn less than men and are more likely to take time off for caregiving, both of which impact their ability to save for retirement.

Women also tend to be more conservative investors. This cautious approach can help protect their assets, but it may result in lower returns over time. Research shows that women typically yield 12% more than men because they avoid risky investments. However, it’s crucial for women to find the right balance between risk and reward. With a longer life expectancy, women need their investments to grow enough to support them in retirement.

Divorce can have a particularly severe financial impact on women. After divorce, women often experience a 73% drop in their standard of living. They are also more likely to become the primary custodial parent. Proper planning can help reduce the financial consequences of these life transitions. By becoming involved in financial decisions and seeking professional advice, women can take charge of their financial future.

Grab a copy of our new resource for women who are seeking perspectives on how to take control of their financial lives. We hope you’ll share it with the women in your life http://bit.ly/womenandinvesting

Published On: March 20, 2019|Categories: Resource Center|Tags: , |

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This material is provided for informational purposes only. The information contained herein should not be construed as the provision of personalized investment advice. Information contained herein is subject to change without notice and should not be considered as a solicitation to buy or sell any security. Past performance is no guarantee of future results. Investing in the stock market involves the risk of loss, including loss of principal invested, and may not be suitable for all investors. This material contains certain forward-looking statements which indicate future possibilities. Actual results may differ materially from the expectations portrayed in such forward-looking statements. As such, there is no guarantee that any views and opinions expressed in this material will come to pass. Additionally, this material contains information derived from third party sources. Although we believe these sources to be reliable, we make no representations as to the accuracy of any information prepared by any unaffiliated third party incorporated herein, and take no responsibility therefore. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change without prior notice. For additional information about CTS Financial Planning, Inc. and the material posted on this website, please review our Important Disclosures.

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