According to Alexandra Penney, author of The Bag Lady Papers: The Priceless Experience of Losing It All
, many successful women worry about going broke and becoming homeless.
In reports about women and finance and women and retirement, you hear those same fears over and over again.
– Am I going to have enough money to live the lifestyle I desire?
– Will I be able to retire when I want?
– How long will my money last?
– How do I factor rising healthcare costs into my budget?
Amid all these fears, women will inherit approximately $28.7 trillion in assets as a result of generational wealth transfers. Others will accumulate wealth through their own professional accomplishments. Women also make approximately 80% of family household buying decisions, including those related to banking and financial services.