Tag: women investors

Fidelity reports it has seen unprecedented growth in women opening new retail investing accounts, plus a record-high average of 9.2% contributions to DC retirement plans.

Financial advisers can help them through a mix of offerings and communication.

They are also less optimistic about the U.S. stock market and economy, according to a Nationwide survey.

Nearly one-third fear they will outlive their assets, according to LIMRA-SRI.

If they feel this way, they are inclined to shun advisers altogether, New York Life Investments learned in a survey.

However, only 24% of women say they are comfortable with their knowledge on investing, Fidelity Investments found.

Women's household income and assets, on average, fell by 41% with divorce.

Democratic Senator Patty Murray says her bill would be a strong first step toward addressing some of the key hurdles facing women as they save for retirement in defined contribution plans; there are also proposed protections for part time workers and lower income individuals. 

Three quarters of women under 40 do not have a financial adviser.

This includes 13% who do not plan to ever retire, according to the Transamerica Center for Retirement Studies.