A Woman's Guide to Growing Wealth
Women don't always have it easy when it comes to growing their wealth. Today on the If Money Were Easy podcast, co-hosts Mary Beth Storjohann, CFP® and Neela Hummel, CFP® address some of the unique financial challenges women face, how women can leverage their voices to take more control of their financial future, and explore strategies women can embrace in their 40s, 50s, 60s for growing and protecting their wealth, and how women can approach retirement with a newfound confidence.
Growing wealth for women doesn't have to be complex. It can be fun, exciting, empowering and something genuinely enjoyed. Listen to this episode to learn how women can better understand their present and future needs, and build a better plan for their financial future.
For additional resources, information, and a full transcript of the episode, visit our website.
What You'll Learn in This Episode:- How money is unique for women
- A study showing the compounding factors affecting women's financial well being
- The best superpower to find in a financial advisor (it might not be what you think)
- How women can grow wealth in their 40s and the pressures they may face
- A great place to start when growing your wealth
- How to prioritize where you allocate your money
- Retirement strategies that help keep you on track
- The mindset shift that should happen as you move into your 50s
- A good rule for that next great investment you might hear about
- How to plan now for future expenses (especially if you have or are considering children)
- The importance of earmarking money for a future expense when large purchases or expenses are on the horizon
- What role life and disability insurance plays in your financial future
- How to avoid "the freakout" once you reach retirement
- The importance of keeping community once you've reached retirement
- Adjustments to make on your insurance policies when you approach retirement
- Your financial journey is like a roller coaster, and that's okay!
- A few episode takeaways and how a reverse bucket list can guide you toward reaching your financial goals
- Why Men Often Die Earlier than Women
- Report: What's the Wage Gap in the States?
- The Top 5 Traits That Make Women Awesome Investors
- A Woman's Guide to Growing Wealth in Your 40s, 50s, and 60s
- Retirement Savings Strategies for Every Decade of Your Life
- Financial Planning for Women
- Abacus Academy
- How to Build Wealth in Your 40s
- How to Negotiate Your Salary Like a Pro
- 5 Things You Should Know About Your Employer Benefit Package
- 7 Reliable Ways To Build Wealth In Your 50s
- 5 Financial Items to Check Off Your Retirement To-Do List in Your 50s
- A Woman's Roadmap to Retirement
- 4 Overlooked Retirement Planning Tips for People in Their 60s
- 3 Retirement Tips for People in Their 60s
- Join the Abacus community by connecting with us on Facebook, Twitter, Instagram and on LinkedIn
- Connect with Mary Beth on Twitter, Instagram, and on LinkedIn
- Connect with Neela on Twitter, Instagram, and on LinkedIn
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