Men sit up and take notice--women have more money and are better investors than you! The financial service industry is currently evolving and changing with the economic and technological advancements permeating our culture. We are witnessing changes in the financial industry both in the United States and in other countries. Still, a male-dominated industry, we may see a plethora of changes in the near future with more female financial advisors entering this lucrative career choice. Nonetheless, there are a few changes happening today which will have a profound effect on individual retirement assets in the future. First and foremost, women currently control over 50% of the personal wealth and will inherit over 70% of the assets of the baby-boomer generation (Fitzpatrick, Reichmeier, and Dowell 2017). Men, if you think women are only after your money--it is too late--they already have it. Actually, men can assume credit for the meager retirement as...
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Showing posts from October, 2017