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Single millennial women significantly lag behind single millennial men in wealth accumulation. They’re hanging onto the edge of a cliff, barely struggling to survive.Īnd if you think this has to do with generational lag or women having kids, you’re wrong and wrong. How is financial independence for women possible given this lag? Women are not on any path toward retirement.
#INDEPENDENCE PRO OR CON HOW TO#
It’s why women struggle to understand how to manage and grow their money.Ī 2018 financial wellness survey of 3,000 Americans showed thatĥ4% of American women are the primary breadwinners of their households. The financial advisory world today is dominated by men and serving men. It’s an outdated reality that men are providers and women are spenders.