Ways to Improve Financial Outcomes for Women, Ep #185

As International Women’s Day approaches, we wanted to get together to explore ways to improve the financial outcome for women across the globe. 

The gender wage gap costs women $1.6 million in retirement savings over the course of their careers which is especially problematic since women have longer life expectancies than men. In addition, women are more likely to be the caregivers for children and aging parents which limits their ability to maintain paid employment during this time. 

This is why it is so important for women to utilize every possible tool to help them improve their long-term financial security. Listen to this episode to discover helpful tools to tackle the four Cs of women’s personal finance.

Outline of This Episode

• [2:21] Use technology to help you understand your cash flow
• [7:04] Women’s compensation is traditionally less than men
• [9:12] Women’s caregiving roles impact their lifetime savings
• [14:35] Save early to take advantage of compound interest

Resources & People Mentioned

• LadiesGetPaid.com
• Big Hero 6
• Care.com
• Care Yaya
• ElderCare.ACL.gov
• SarahCare
• Episode 173 - When Retirement Is Derailed by Longterm Illness
• BOOK - Being Mortal by Atul Gawande
• Credit Karma
• Savvy Ladies

Connect with Allison

• https://www.financialsymmetry.com/podcast-archive/ 
• Connect on Twitter @csmithraleigh @TeamFSINC
• Follow Financial Symmetry on Facebook

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