Women & investing: plan now for the tomorrow you envision

Women today are an economic powerhouse. 98% of them are sole or joint decision-makers on daily banking, and 84% are fully or partially responsible for the family investment portfolio.* And women are increasingly single, living longer and in line to inherit wealth. 

Despite these strides, women often have different financial needs, circumstances and opportunities than men, which makes it especially important to start planning early and carefully. Consider these four key factors:

  • Women generally earn less than men which may result in accumulating fewer assets overall.
  • Women may interrupt careers to care for children and/or elderly parents, which can further reduce the assets contributed to retirement plans.
  • Women can expect to live longer than a male counterpart, requiring more assets to cover lifetime needs.
  • Women will likely survive husbands and be in charge of the family wealth. This is often overlooked in planning for post-retirement needs.

Yet these differences don’t need to be obstacles. Simply taking these things into consideration when planning for your future can help set you on the right path.

Let us help you grow more than wealth

No matter what your goals are—if you want to provide a college education for your children, start a business or just enjoy a rewarding retirement— we can help. Please contact us today to discuss how we can help you grow more than wealth.

Women and Wealth Transfer Report

Did you know that despite women playing a critical role in managing and transferring family wealth only 22% of women have a full wealth-transfer plan in place? 

At RBC Wealth Management, we recently undertook an extensive study of high net worth women to examine how they build their financial knowledge, manage their inheritance, prepare their financial affairs, and transfer their wealth to the next generation.

To learn more about the influence of women on building the family legacy, download our Women and Wealth Transfer Report.


*2017 Women & Wealth Wealth Transfer Report