Historically speaking, women are often less confident than men about investing. When it comes to long-term financial planning and investing decisions, half of married women still defer to their spouses, and single women feel overall less confident than single men about making these decisions. But that may be changing.
New research shows that since the COVID-19 pandemic, women’s attitudes towards money and investing have begun to shift. A UBS survey found that 63% of women are more likely to discuss finances and investing with their spouses since COVID. And according to a Fidelity survey, 67% of women reported being more engaged in managing their money. This article from Kiplinger explains why more women are seemingly more comfortable taking charge of their financial futures.
The Women & Wealth practice at Hoyle Cohen offers women a deep bench of talent designed just for them. If you or someone you know could benefit from a conversation centered around your specific needs, financial situation, and long-term goals, please get in touch.
This article was written by Kiplinger, an entity unrelated to HoyleCohen, LLC. The information herein is intended for educational purposes and has been selected by HoyleCohen due to the timeliness of the subject matter.
