(StatePoint) Women face unique financial challenges, such as career breaks for caregiving and gender wealth gaps.
CERTIFIED FINANCIAL PLANNER® professionals are offering insights into some of these challenges, along with tips to help women build wealth and achieve financial independence.
kA DEJ=6lQE6IE\2=:8?i46?E6CQmkDEC@?8m%96 r92==6?86Dk^DEC@?8mk^Am
kAmkDEC@?8m(62=E9 82Aik^DEC@?8m p4C@DD 2== H@C<6CD ?2E:@?H:56[ H@>6? H6C6 EJA:42==J A2:5 k2 9C67lQ9EEADi^^?2E:@?2=A2CE?6CD9:A]@C8^HA\4@?E6?E^FA=@25D^a_ab^_a^2>6C:42D\H@>6?\2?5\E96\H286\82A]A57Q C6=lQ?@7@==@HQmfd 46?ED 7@C 6G6CJ 5@==2Ck^2m A2:5 E@ 2 >2? :? a_ab[ 2 7:8FC6 E92E’D 96=5 DE625J 7@C 564256D] v:G6? E9:D k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^H@>6?^E96\86?56C65\H62=E9\82A\2?5\H92E\E92E\>62?D\7@C\J@FC\7:?2?4:2=\A=2??:?8Q C6=lQ?@7@==@HQmA6CD:DE6?E H286 82Ak^2m[ :E’D ?@ DFCAC:D6 E92E E96 %xpp x?DE:EFE6 7:?5D E92E H@>6? 92G6 k2 9C67lQ9EEADi^^HHH]E:22]@C8^AF3=:4^:?DE:EFE6^AF3=:42E:@?^a_aa^H@>6?\2C6\724:?8\C6E:C6>6?E\4C:D:D\;@\2??\;6?<:?D\46@\22CAQ C6=lQ?@7@==@HQmb_T =6DD :? C6E:C6>6?E :?4@>6k^2m E92? >6?[ 2 3:8 :DDF6 4@?D:56C:?8 E92E p>6C:42? H@>6? =:G6 k2 9C67lQ9EEADi^^;2>2?6EH@C<]4@>^;@FC?2=D^;2>2:?E6C?2=>65:4:?6^7F==2CE:4=6^ag``bbgQ C6=lQ?@7@==@HQmd]g J62CD =@?86Ck^2m @? 2G6C286]k^Am
kAmkDEC@?8mr2C68:G:?8 C@=6Dik^DEC@?8m (@>6? 2C6 @7E6? E96 k2 9C67lQ9EEADi^^HHH]FC32?]@C8^FC32?\H:C6^F?A2:5\72>:=J\42C6\4@?E:?F6D\DFAAC6DD\H@>6?D\62C?:?8DQ C6=lQ?@7@==@HQmAC:>2CJ 42C6E2<6Ck^2m E@ 49:=5C6? 2?5 @E96C 72>:=J >6>36CD[ DF49 2D 6=56C=J A2C6?ED[ 2?5 2C6 >@C6 =:<6=J E92? >6? E@ E2<6 E:>6 @77 7C@> H@C< E@ 7F=7:== E9:D C@=6] %9:D 42? :>A24E =@?8\E6C> D2G:?8D[ AC@76DD:@?2= 25G2?46>6?E @AA@CEF?:E:6D 2?5 k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^E@A:4D\2\K^D@4:2=\D64FC:EJQ C6=lQ?@7@==@HQm$@4:2= $64FC:EJ 36?67:EDk^2m]k^Am
kAmkDEC@?8mw62=E9 :DDF6Dik^DEC@?8m (9:=6 ?@ @?6 =:<6D E@ :>28:?6 86EE:?8 D:4< @C 766=:?8 F?H6==[ E96 F?7@CEF?2E6 C62=:EJ :D E92E k2 9C67lQ9EEADi^^HHH]42?46C]@C8^42?46C^EJA6D^3C62DE\42?46C^23@FE^9@H\4@>>@?\:D\3C62DE\42?46C]9E>=Q C6=lQ?@7@==@HQm` :? gk^2m p>6C:42? H@>6? H:== 56G6=@A k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^962=E9\42C6\A=2??:?8^3C62DE\42?46C\42C6\7:?2?4:2=\8F:52?46\7@C\E9@D6\:>A24E65\3J\3C62DE\42?46CQ C6=lQ?@7@==@HQm3C62DE 42?46Ck^2m :? 96C =:76E:>6] ~E96C H@>6?’D 962=E9 4@?5:E:@?D[ H9:=6 ?@E =:76\E9C62E6?:?8[ 42? 2=D@ 36 4@DE=J E@ >2?286] k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^H@>6?^9@E\7=2D96D\2?5\9:89\4@DED\E96\7:?2?4:2=\D:56\@7\>6?@A2FD6Q C6=lQ?@7@==@HQm|6?@A2FD6k^2m[ 7@C 6I2>A=6[ 2DD@4:2E65 H:E9 >@C6 E92? `__ DJ>AE@>D[ 4@DED &]$] H@>6? k2 9C67lQ9EEADi^^?6HD?6EH@C<]>2J@4=:?:4]@C8^5:D4FDD:@?^>2J@\4=:?:4\DEF5J\AFED\AC:46\E28\@?\4@DE\@7\>6?@A2FD6\DJ>AE@>D\7@C\H@>6?\:?\E96\H@C<A=246^Q C6=lQ?@7@==@HQmSae]e 3:==:@? 2??F2==Jk^2m :? >65:42= 6IA6?D6D 2?5 =@DE H@C<[ 244@C5:?8 E@ E96 |2J@ r=:?:4]k^Am
kAmkDEC@?8mu:?2?4:2= 23FD6ik^DEC@?8mk2 9C67lQ9EEADi^^HHH]H@>6?2?5>@?6J]@C8]2F^H92E\:D\7:?2?4:2=\23FD6^Q C6=lQ?@7@==@HQmu:?2?4:2= 23FD6k^2m :D 2 4@>>@? 7@C> @7 5@>6DE:4 23FD6 H96C63J 2 >6>36C @7 E96 9@FD69@=5 D6:K6D 4@?EC@= @G6C 2?@E96C’D 7:?2?4:2= C6D@FC46D] (9:=6 7:?2?4:2= 23FD6 EC2?D46?5D D@4:@64@?@>:4 3@F?52C:6D[ E96 k2 9C67lQ9EEADi^^A>4]?43:]?=>]?:9]8@G^2CE:4=6D^!|r``cedeah^RiOiE6IElpDTa_DF49TarTa_3692G:@C2=Ta_2DD6DD>6?EDTa_2C6Ta_=:<6=JTa_E@[G:4E:>DTa_2C6Ta_H@>6?Ta_Wr@CC:6Ta_6ETa_2=]TarTa_a_`bX]Q C6=lQ?@7@==@HQm>2;@C:EJ @7 G:4E:>Dk^2m 2C6 H@>6?]k^Am
kA DEJ=6lQE6IE\2=:8?i46?E6CQmkDEC@?8m%96 $@=FE:@?Dk^DEC@?8mk^Am
kAm$@ 9@H 42? H@>6? @G6C4@>6 E96D6 492==6?86Dn w6C6 2C6 D6G6C2= k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^H@>6?^3F:=5:?8\H62=E9\36J@?5\6BF2=\A2JQ C6=lQ?@7@==@HQmDEC2E68:6Dk^2m 7@C 3F:=5:?8 H62=E9 2?5 9@=5:?8 @?E@ :Eik^Am
kAm• q6 AC@24E:G6 23@FE A@E6?E:2= 962=E9 :DDF6D] &?56CDE2?5 E96 AC:46 E28 :?G@=G65 7@C 42C6 2?5 25;FDE J@FC 3F586E 244@C5:?8=J] w2G6 5:D23:=:EJ :?DFC2?46 E@ C6A=246 :?4@>6 D9@F=5 2 >65:42= 4@?5:E:@? D:56=:?6 J@F[ 2?5 k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^E@A:4D\2\K^=:76\:?DFC2?46Q C6=lQ?@7@==@HQm2 =:76 :?DFC2?46 A=2? :? A=246k^2m 367@C6 2 D6C:@FD 5:28?@D:D E@ D64FC6 2? 277@C523=6 A@=:4J]k^Am
kAm• $6=64E k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^E@A:4D\2\K^962=E9\42C6\A=2??:?8Q C6=lQ?@7@==@HQm2 962=E9 :?DFC2?46 A=2?k^2m E92E >66ED J@FC ?665D]k^Am
kAm• tDE23=:D9 k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^E@A:4D\2\K^6>6C86?4J\7F?5Q C6=lQ?@7@==@HQm2? 6>6C86?4J 7F?5k^2m]k^Am
kAm• s:G6CD:7J J@FC :?4@>6 DEC62>D]k^Am
kAm• q68:? k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^E@A:4D\2\K^:?G6DE:?8Q C6=lQ?@7@==@HQm:?G6DE:?8 :? 2 H6==\5:G6CD:7:65 A@CE7@=:@k^2m 2D 62C=J 2D A@DD:3=6]k^Am
kAm• qF:=5 k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^H@>6?^C6E:C6>6?E\A=2??:?8\7@C\D:?8=6\H@>6?Q C6=lQ?@7@==@HQmC6E:C6>6?Ek^2m D2G:?8D 3J A2J:?8 J@FCD6=7 7:CDE H:E9 6249 A2J4964<[ >2I:>:K:?8 4@?EC:3FE:@?D E@ E2I\25G2?E2865 244@F?ED]k^Am
kAm• rC62E6 2? k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^7:?2?4:2=\E@A:4D^2CE:4=6D^6DE2E6\A=2??:?8^7@FC\C62D@?D\7@C\H@>6?\E@\92G6\2?\6DE2E6\A=2?Q C6=lQ?@7@==@HQm6DE2E6 A=2?k^2m E@ 6?DFC6 J@FC H:D96D H:== 36 >6E D9@F=5 J@F ?@E 92G6 E96 42A24:EJ E@ DA62< 7@C J@FCD6=7]k^Am
kAm• t5F42E6 J@FCD6=7 @? 7:?2?46 2?5 :?G6DE:?8 E9C@F89 H@C<D9@AD[ 3@@<D @C 3J 4@?DF=E:?8 H:E9 2 ru!kDFAm®k^DFAm AC@76DD:@?2=]k^Am
kAm• #6249 @FE E@ E96 k2 9C67lQ9EEADi^^HHH]E969@E=:?6]@C8^Q C6=lQ?@7@==@HQm}2E:@?2= s@>6DE:4 ':@=6?46 w@E=:?6k^2m 7@C DFAA@CE :7 J@F’C6 6IA6C:6?4:?8 7:?2?4:2= 23FD6]k^Am
kAm%@ 7:?5 2 ru!kDFAm®k^DFAm AC@76DD:@?2= H9@ 42? 96=A J@F E2<6 E96D6 DE6AD 2?5 H@C< H:E9 J@F E@ @G6C4@>6 E96 F?:BF6 492==6?86D J@F 7246[ G:D:E k2 9C67lQ9EEADi^^HHH]=6ED>2<62A=2?]@C8^Q C6=lQ?@7@==@HQm{6ED|2<6p!=2?]@C8k^2m]k^Am
kAm&?56CDE2?5:?8 E96 7:?2?4:2= 492==6?86D J@F 4@F=5 7246 2?5 E96 D@=FE:@?D E@ @G6C4@>6 E96> 42? 96=A J@F A2G6 E96 H2J E@ 2 D64FC6 7FEFC6]k^Am
kA DEJ=6lQE6IE\2=:8?i46?E6CQmYYYYYk^Am
kAm!9@E@ rC65:Ei W4X y24@3 (24<6C92FD6? ^ :$E@4< G:2 v6EEJ x>286D !=FDk^Am
kAmk:>8 DC4lQ9EEADi^^7665D]DE2E6A@:?E]?6E^E@H??6HD^A=246>6?E]2D9InEl4U2>Aj:5l`_hccU2>Aj=l6?\&$U2>AjCl`fdc_aa`hafhg]eQ ^mk^Am
(0) comments
Welcome to the discussion.
Log In
Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.