Women face unique challenges when it comes to taking control of their financial future.
They’re living longer than men, but are earning less— and they have less confidence than their male counterparts when it comes to investing.
Today, industry data shows that far too many women are not as prepared for retirement as they should be.
For example, a majority of working women are not participating in employer-provided retirement plans, and overall, less women have started saving for retirement than men.In addition:
- When asked whether they know less than the average investor about the financial markets and investing, 55% of women agreed with this, while, only 27% of men did.
- Today, women comprise almost 47% of the total labor force and are projected to account for 51% of total labor force growth.
- 55% of people pursuing graduate degrees today in the U.S. are currently women, and women are starting businesses at twice the rate of men.
To help women investors take control of their financial destiny, we’ve developed a new program to help advisors engage women investors more effectively, along with a process to help them identify and achieve their financial goals. Here is a snapshot of what our program has to offer.
These views represent the opinions of OppenheimerFunds, Inc. and are not intended as investment advice or to predict or depict the performance of any investment. These views are as of the publication date, and are subject to change based on subsequent developments.