“Women face unique financial challenges throughout their lives. From earning less than men for performing the same job, to shouldering most child-rearing and caregiving responsibilities, women often have less time and money to save for their future. However, women struggling to make ends meet is just one angle. In today’s world, it’s not uncommon for women to earn most of the family income. And although times are changing, many women face heightened stress as female breadwinners or the sole earners in their homes. Trying to juggle a career, a family and a personal life can feel hectic.”
In this article for Rethinking65, we discuss some of the unique financial challenges that women face and ways that advisors can better serve their female clients.