Ladies, Take These 7 Steps to Own Your Financial Future
by Salene Hitchcock-Gear, President of Prudential Individual Life Insurance, Prudential Financial
May 15, 2019
4 minutes
Women are the economic engines of more than half of American households. Most will live longer than their male counterparts. And in their lifetimes, four out of five will be solely responsible for their finances.
When thinking about women and financial confidence, it's important to acknowledge that women are increasingly in the driver's seat when it comes to financial power. Consider this:
- 60% of women are in the labor force, with 40% in managerial and professional jobs.
- The proportion of women with college degrees has tripled over the past 40+ years to 40%.
- Women account for 51% of the population and control over $11.2 trillion of investable assets.
Yet, with as
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