April is Financial Literacy Month – because who doesn’t get a jolt of reality every year when Tax Day rolls by (or over) us?
Women learning to manage money is especially important as they tend to outlive male partners and spend more years in retirement. And women generally have less to retire on (called “superannuation“), because of the pay gap between men and women, because more women than men take time out of their careers to care for children or aging parents, and because more women will take lower-paying jobs or work for employers who don’t offer retirement plans.
Money management may seem a little off-topic for a menopause site, but your financial health has direct impacts on your quality of life. We’re all about whole-woman wellness at Gennev, and you can’t be at your fabulous best if you’re stressed about your economic wellbeing.
So what can you do to prepare for your financial future? First, take a deep breath. Hold it. Little longer. Little longer…. There. Let it out. You can do this.
According to a 2016 Fidelity study, only 37% of women are confident in planning for retirement. But likely close to 100% of us want to be financially secure in our golden years, so let’s review four steps to get us started.
Tackling your finances can be a daunting task – and, quite frankly, a potentially dull one. But with more of us living longer, it’s never been more important to secure our financial futures. Here’s to your long, healthy, happy life!
Our Care Coordinator Kimberly is here to help! Schedule a 15-minute complimentary call with her and share your story. She'll guide you to the next best steps for you.SCHEDULE MY CALL