Own your worth
Two major trends are profoundly impacting women. One, women are living longer—longer than men.1 Two, nearly half of marriages are likely to end in divorce, with rates rising among couples over 50.2,3 Inevitably, eight out of 10 women will end up solely responsible for their financial well-being.
Why are women—more educated, more successful and more outspoken than ever—leaving major decisions about money to someone else?
Why are women not taking more control of their finances and, by default, their futures? Why are younger women perpetuating the status quo rather than transforming it? At a time when women control nearly $40 trillion, why is the situation getting worse, not better?
We surveyed nearly 1,700 married couples, both heterosexual and same-sex, to find the answers. Our research reveals many reasons for women’s abdication, from historical and social precedents to family, gender
roles and confidence levels. Fortunately, breaking the cycle of abdication is possible. The best way to start is by turning to women who have been there. Learn from their experiences. Engage in their communities. Mine their wisdom. These women have much to say. Are we listening?