Women & Wealth
Sep 02, 2021 |
7 Minute Read
The loss of a spouse can be a devastating, life-changing event. Due to longer life expectancies, women are more likely to face this situation. According to the U.S. Census Bureau, 40% of women age 65 and older are widows compared to 13% of men, and it might surprise you to know that approximately 34% of widows are under age 65. Becoming a widow at any age can be one of the most difficult challenges a woman must face. Not only is there the emotional loss of a husband, but also the task of handling everything--including all the finances--without the help of…Read More
Apr 30, 2021 |
5 Minute Read
At a time when your career is reaching a peak and you are looking ahead to your own retirement, you may find yourself in the position of having to help your children with college expenses while at the same time looking after the needs of your aging parents. Squeezed in the middle, you've joined the ranks of the "sandwich generation." What challenges will you face? Your parents faced some of the same challenges that you may be facing now: adjusting to a new life as empty nesters and getting reacquainted with each other as a couple. However, life has grown even more…Read More
May 21, 2020 |
2 Minute Read
Going through a divorce can be difficult, no matter the reason, because it represents loss. Not just the loss of a relationship, but also the loss of shared dreams and commitments. The process can turn your world ―and the world of everyone involved― upside down, but there are ways to help you chart a new course for your life. Understand that your feelings are normal. You may feel sad, angry, frustrated, or exhausted. Maybe, you are anxious about the future. Whether or not this is a new situation for you, these feelings may be intense. Accept that they are normal, and will…Read More
Mar 11, 2020 |
2 Minute Read
What Financial Advice Would You Give Your Younger Self? There are 4 lessons that we could have all benefited from hearing. We hit the streets of downtown Harrisonburg, Virginia to see what advice Baby Boomers wish they could have heard when they were younger and what they would do differently with their money. Start saving early Pay yourself first Save as much as you can Avoid using credit cards To find out more tips on what financial advice people wish they knew when they were younger, watch the video below! 1. Start Saving Early Out of all of the advice received, this piece of advice…Read More
Dec 07, 2017 |
4 Minute Read
By Andrea Mingels and Daniel UribeRead More
It is known that women can do it all … women are college graduates, wives, mothers, CEOs, Presidential Runner-Ups, etc. There is nothing that a woman cannot do, except, maybe in today’s male-dominate world of finance. According to Investopedia, “Studies conducted by the Harvard Business School paint a grim picture: among senior roles in venture capital and private equity, women held just 9% and 6% of the positions” (“Why Are So Few Women in Finance?”, 2018). This means that over 90% of all senior roles belong to men. It’s 2018, where are the women in…
Jul 13, 2017 |
2 Minute Read
A key goal of investing for retirement is making sure you save enough to make your money last throughout your lifetime. On this score, women may need to save more than men. The current life expectancy of a female at birth is almost 81 years, compared with 75 years for a male.1 Although six years may not appear significant, many people in this age group incur expenses for health care and other items while living off of Social Security and personal assets. Keep in mind that life expectancy statistics are averages and many people live much longer. It is not unusual…Read More
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