Katie Martin, CFA, CFP®
March 4, 2021
I love March! Not only does it represent the arrival of spring, but it’s also Women’s History Month – a special time to recognize and commemorate the vital role of women in our history. March 8 is designated as International Women’s Day, which this year is themed “Choose to Challenge.”
In honor of this theme, I encourage you to accept the challenge of taking charge of your financial future. This is certainly an important message for everyone, but when it comes to financial planning for women, there are some unique considerations that make it even more critical:
Teaming up with a financial advisor can be a key step in taking charge of your financial future. It’s critical you find an advisor with whom you feel comfortable and can communicate with easily. You need to feel heard, and the unique goals and priorities you have as a female should be understood. And this doesn’t just go for single women – married women need to feel like they have a voice at the table, too.
Are you up for the challenge?
1 Source: National Center for Health Statistics, https://www.cdc.gov/nchs/products/databriefs/db355.htm
2 Source: Bureau of Labor Statistics, https://www.bls.gov/opub/reports/womens-earnings/2019/home.htm
3 Source: Merrill Lynch, https://www.ml.com/women-financial-wellness-age-wave.html