When it comes to financial management, women face unique challenges over their male counterparts. Less than a quarter of the adult female population feel they received sufficient preparation from their parents concerning financial matters. This lack of preparation has left many women struggling to handle their financial future. Women need to take control of their financial independence.
As a female entrepreneur, you may face different challenges than your male counterparts. For example, women were disproportionately affected by the COVID pandemic. 1 They also tend to earn less than their male peers—largely in part because they are still responsible for the majority of the world's unpaid labor. To counteract these challenges, women must be proactive about strengthening their businesses and preparing for retirement. Keep these five key tips in mind.
Learning to save for retirement can begin with a few easy changes.
Are you looking beyond retirement and focusing on other goals?
Retirement planning is for everyone, and it’s never too late to change.
Some potential benefits of the Securing a Strong Retirement Act.
According to a recent report, women don’t invest nearly enough in their futures and the impact of the Coronavirus pandemic is, unfortunately, widening the gap.
