Younger Women Poised to Inherit Unprecedented Wealth, Though Facing Challenges in Financial Planning
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Women are set to inherit $30 trillion in assets from baby boomers by 2030, representing the greatest intergenerational wealth transfer ever.
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Women under 45 are more financially independent and savvy than older generations, often managing wealth themselves due to later marriages and more education.
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Younger women tend to be more proactive in educating themselves on finances and seeking professional advice compared to men.
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Studies show women investors tend to outperform men over time because they trade less and take a more long-term approach.
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Women face challenges like lower lifetime earnings and longer lifespans, so starting financial planning early and continuing education are critical.