Eley-Graham Financial Advisory Services - Merrillville, IN
 
Home NavigationMENU
  • Company 
    • Welcome to Eley-Graham-Austgen
    • Team
    • The Retirement Express
    • The Destination Station
    • The Education Coupler
    • The Asset Allocation Line
    • The Income Engineer
    • The Protection Track
    • The Financial Conductor (Estate Planning)
    • 2022 ADV Pt. 2 EGA Disclosure Brochure
  • Information 
    • Our Services
    • Events
    • Newsletter
    • Useful Links
  • Resource Center 
    • Retirement
    • Estate
    • Investment
    • Insurance
    • Tax
    • Money
    • Lifestyle
    • Glossary
    • Calculators
    • Simple IRA
    • Tax Resources
  • Newsletter
  • Client Log-Ins 
    • EGAFAS Portal
    • Fidelity Investments
    • Pershing, LLC
    • SEI Investments
    • CLS / Brinker Capital
    • AssetMark, Inc
  • Contact
Retirement

Women on the Rise

Women on the Rise Conquering: Unique Retirement Challenges. Financial success is a goal for many, but women face unique barriers that can make that goal more difficult to achieve. Understanding today’s financial landscape can help women rise to the challenge, know their worth, and take control of their futures.Daunting Realities Although history has seen some significant progress for women over the last century, there’s still a long way to go toward financial equality. Women make 82.3 cents for every dollar their male counterparts make in a similar job. (1) The average Social Security retired worker benefit for women is $16,496 per year, compared with $20,921 for men. (2) 46% of married women in their 50s in two-income households are at risk of being unable to maintain their standard of living in retirement. 32% of married women in their 50s in one-income households are at risk of being unable to maintain their standard of living in retirement. 40% of single women in their 50s are at risk of being unable to maintain their standard of living in retirement. (3)Enormous Potential The truth is, women wield a huge amount of influence over the economy, and their impact is only likely to grow. Women control 51% of all personal wealth in the United States today. (4) Over the next 40 years, women stand to inherit $28.7 trillion in intergenerational wealth. (5) On average, women save 9% of their salary. That’s almost a full percent higher than men. (6)Increasing Impact The numbers don’t lie: more women are successfully founding and leading businesses than ever, with impressive results. There are 114% more women entrepreneurs than there were 20 years ago. (7) Black women own 42% of new businesses owned by women and 36% of Black-owned employer businesses. (8) Women launch more than 1,200 new businesses every single day in the U.S. (9)Support for the Journey Many women report having strong relationships with their financial professionals. In fact, 70% of women say they would refer their financial rpfessional to a friend or relative. Whatever your financial needs, we're here to help (10). Sources: 1. DOL.gov, 2021; 2. SSA.gov, 2020; 3. Prudential.com, 2019 (latest data available); 4. FA-mag, 2020; 5. Visualcapitalist.com, 2019; 6. Visualcapitalist.com, 2019; 7. WhattoBecome.com, 2021; 8. Forbes.com, October 26, 2020; 9. BusinessNewsDaily.com, 2021; 10. ML.com, 2021
Share |
 

Related Content

Capital Gains Tax Estimator

Capital Gains Tax Estimator

Use this calculator to estimate your capital gains tax.

Aware of Employment Rights for Workers with Disabilities?

Aware of Employment Rights for Workers with Disabilities?

Approximately 20% of U.S. adults have a disability, according to the CDC.

Test Your Life Insurance Knowledge

Test Your Life Insurance Knowledge

How much do you know about one of the most important tools you have to help protect your and your family’s financial future?

 

Select a Station:

The Retirement Express

The Destination Station
Goals and Objectives

The Education Coupler
Education Planning

The Asset Allocation Line
Retirement Income Planning

The Income Engineer
Investment Strategies/Portfolio Design

The Protection Track
Life, Health, Home/Auto, Long-Term Care, etc.

The Financial Conductor
Estate Planning

 

Have A Question About This Topic?









Thank you! Oops!
 

Get Financial News & Updates Delivered to Your Inbox





Thank you!

Error processing your request. Please try again at a later time.

Check the background of your financial professional on FINRA's BrokerCheck.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.

Copyright 2023 FMG Suite.

Securities offered through Lion Street Financial, LLC. (LSF) (512.776.8400), member FINRA & SIPC.  Investment advisory products and services are offered through Csenge Advisory Group, LLC. (CAG), Registered Investment Advisor with the SEC.  Additional Investment Advisory Services offered through Eley-Graham-Austgen Financial Advisory Services, not affiliated with LSF or CAG.  LSF, CAG and Eley-Graham-Austgen Financial Advisory Services do not provide legal or tax advice. Representatives may transact business, which includes offering products and services and/or responding to inquiries, only in state(s) in which they are properly registered and/or licensed.

CONFIDENTIALITY NOTICE: This electronic message is intended only for the use of the individual or entity to which it is addressed and may contain information that is privileged, confidential, and/or exempt from disclosure under applicable laws.  If the reader of this message and/or its accompanying attachment(s) is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this communication is strictly prohibited. If you receive this communication in error, please notify us by your email reply feature, delete the original message and all copies thereof from your system, and destroy all hard copies of this message and its accompanying attachment(s).  

.

Contact

Eley-Graham-Austgen Financial Advisory Services
Office: 219-736-6900
Toll-Free: 888-836-6900
Fax: 219-736-6920

One Professional Center
2100 N. Main St., Suite 202
Crown Point, IN 46307

retirementticket@egfas.com

Facebook LinkedIn

Quick Links

  • Retirement
  • Investment
  • Estate
  • Insurance
  • Tax
  • Money
  • Lifestyle
  • All Articles
  • All Videos
  • All Calculators
  • All Presentations