The Unique Financial Concerns of Women

Increasing numbers of women are pursuing careers, holding executive positions or owning their own business. However, successful careers may be interrupted due to child rearing, death, divorce or relocation of a spouse.

Although there are many women in the work force today, average wages for women are still lower than those of men, which may result in minimal savings and no pension plan.

Most women outlive their spouses and will require a well thought out flexible plan to provide for financial security in their later years.

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Multi Generational Wealth Management

Risk Management and Family Security

Retirement Goals and Estate Planning

The Unique Financial Concerns of Women

Business Strategies and Succession Planning

INTERESTING INFORMATION

• 75% of those in poverty are women.
• 90% of all women will at some point be totally responsible for their financial well-being.
• Women will outlive men by 8+ years and usually end up in sudden poverty or wealth.
• 50% of all women over 65 are widows.
• 50% of all first time marriages end in divorce.
• Women run 1/3 of all business in Canada; 700,000 companies employing 1.7 million people.
• The number of women-led companies is increasing twice as fast as the average; 19.7% vs. 8.7%.
• Women earn less, live longer, take time out to raise children and even look after elderly parents, while all along saving less and investing mostly in low interest bearing instruments.