The Power of a Plan: Women & Wealth
Consumer trends show that women have the financial power to be the economic engine of the future. Even more significantly, up to 90% of women will have sole responsibility for their finances at some point in their lives.1 Do your clients have a plan?
The Gender Difference
Women are more involved than ever in their households’ investment and financial decision-making. Nevertheless , they tend to lack confidence in their ability to make sound financial decisions, and lack knowledge about sophisticated financial products. They are, however, optimistic about the future and have a strong desire for financial education and guidance, believing these strategies can be effective.
Life Changes & the Challenges They Bring
Women are expected to take on many different roles throughout their lifetimes. Whether you’re a stay-at-home wife and mom, divorcee, grandmother, primary breadwinner, or some combination of all of these, it's important to have a detailed financial plan in place.
Ten Steps to Financial Freedom
Whether you are a new graduate starting your first job or a widow taking control of your finances for the first time or someone in between, your needs and goals don’t conform to simplistic categories. They are unique and personal. GSAM has identified ten simple steps on how to overcome these challenges and how to help you make wise decisions and to take charge of their own financial freedom.
| To learn more about The Power of a Plan: Women & Wealth seminar, contact your financial advisor or call Goldman Sachs Asset Management at 1-800-762-5035. |
1As of 2010, 10 Smart Money Moves for Women: How to Conquer Your Financial Fears, by Dr. Judith Briles
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What percentage of women feel “very prepared” to make wise financial decisions?
All of the following statements about Asset Allocation are true except:
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