life insurance for women

Why Women

We talk money, a woman’s way

insurance for single women

Women’s Financial Planning with Saij Elle

 

We women view money differently and have unique challenges in building financial security and therefore, require a different approach to managing our finances.

 

The awareness and acknowledgment of these facts have yet to be fully appreciated and acted upon.

We are at least a century away from closing the gender pay gap. This means a majority of women are saving less and entitled to less pension than their male counterparts. They are also outliving men, having to stretch fewer dollars for longer.

  • A 20-25% wage gap can easily translate into a 40-50% wealth gap.
  • Women are 80% more likely to live in poverty during retirement than men.
  • For every 10% a man puts away for retirement, a woman needs to put away 18% to equalize retirement funds.

What we’re potentially dealing with is ½ the world’s population facing a financial security gap.

This cannot be isolated as a “woman’s problem”. Everyone is accountable for this.

This is why women’s financial planning is SO important, and why I’m urging all women to take responsibility and control of their money, and to not leave their financial dreams in someone else’s hands.

And this is why I’m pressing the financial sector and corporations to take women’s financial empowerment seriously and to pay greater attention to this rising and influential group.

Why Women

We talk money, a woman’s way.

We women view money differently and have unique challenges in building financial security and therefore, require a different approach to managing our finances.

 

The awareness and acknowledgment of these facts have yet to be fully appreciated and acted upon.

We are at least a century away from closing the gender pay gap. This means a majority of women are saving less and entitled to less pension than their male counterparts. They are also outliving men, having to stretch fewer dollars for longer.

  • A 20-25% wage gap can easily translate into a 40-50% wealth gap.
  • Women are 80% more likely to live in poverty during retirement than men.
  • For every 10% a man puts away for retirement, a woman needs to put away 18% to equalize retirement funds.

What we’re potentially dealing with is ½ the world’s population facing a financial security gap. This cannot be isolated as a “woman’s problem”. Everyone is accountable for this.

This is why I’m urging all women to take responsibility and control of their money, and to not leave their financial dreams in someone else’s hands.

And this is why I’m pressing the financial sector and corporations to pay greater attention to this rising and influential group.

insurance for single women