Women, Winning at Wealth
A recent report by Cerrulli Associates has highlighted a significant financial shift on the horizon: over the next 23 years, $54 trillion will transfer to widows, with 95% of this wealth going to women.
No surprise here. Statistically, women tend to outlive their husbands. This impending transfer of wealth, however, underscores the importance of women not only being involved in daily household financial decisions but also taking an active role in broader financial planning, particularly portfolio management.
Coffeehouse Investors have long embraced building portfolios that seek to capture a broad range of asset classes. This approach offers numerous benefits for investors in general and women in particular. Here are a few key advantages:
Using Index Funds: By investing in index funds, you help to ensure that you are capturing the return of each asset class in your portfolio. This means you don't have to play Wall Street’s game each year of selling underperforming investments in search of something better.
Focus on Financial Planning: If you work with a financial planner, you can shift your focus from yearly fund performance to your overall financial plan. This includes your saving and spending goals, highlighting tax considerations for your portfolio, and outlining charitable intentions you may have.
Confidence and Control: Most importantly, our approach to portfolio construction can help to give you the confidence that you, not Wall Street, are in control of your financial destiny. By taking charge of your investments, you can make informed decisions that align with your long-term goals and values.
Preserve Your Wealth
As we move forward into this new era of wealth transfer, it's crucial for women to embrace their financial power and take an active role in managing their portfolios. By doing so, you can help to ensure your financial security and create a legacy that reflects your family's wishes.
Connect with me on a complimentary strategy call* and let's discuss your plan to preserve your wealth for you, your family, and your next generation.