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51% of Personal Wealth in the U.S. Is Controlled by Women

51% of Personal Wealth in the U.S. Is Controlled by Women

FromWEALTHTRACK


51% of Personal Wealth in the U.S. Is Controlled by Women

FromWEALTHTRACK

ratings:
Length:
25 minutes
Released:
Jun 29, 2019
Format:
Podcast episode

Description

Better financial advice for women with Yie-Hsin Hung, one of the most powerful women in finance. 
The economic might of women is large and growing. According to research put together by New York Life Investment Management, 51% of the personal wealth in the U.S. is controlled by women - an estimated $22 trillion worth. 
That number is expected to jump by 30% percent to nearly $29 trillion over the next 40 years as intergenerational wealth is handed over. Women are the key financial decision makers: 96% of women have primary or shared responsibility for family financial decisions, yet there is a gap in how women view and handle money. 
Women score lower than men on financial literacy tests, and women invest less - by one study, 40% less.
Yie-Hsin Hung is determined to change this dynamic, and she is in a position to do that. 
WEALTHTRACK #1554 broadcast on June 28, 2019.
https://wealthtrack.com/51-percent-of-personal-wealth-in-the-u-s-is-controlled-by-women/
https://wealthtrack.com/women/

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Support this podcast: https://anchor.fm/wealthtrack/support
Released:
Jun 29, 2019
Format:
Podcast episode

Titles in the series (100)

Consuelo Mack has a long and distinguished career in business journalism. In 2005 she struck out on her own to launch her dream program, a weekly half-hour program on public television devoted to helping Americans build and protect their wealth over the long-term. Now in its sixteeth season, CONSUELO MACK WEALTHTRACK has been dubbed the “Cramer Antidote” by the press and Money Magazine named Mack “The Best Money TV Host.” WEALTHTRACK is the only program on television devoted to long-term diversified investing in all of the investments people care about. Support this podcast: https://anchor.fm/wealthtrack/support