Life brings us changes whether we are ready for them or not. There are the types of changes we plan for—growing up, moving out on our own, starting careers and families, buying a home…and then there are the unexpected changes we don’t like to talk about: job loss, divorce, or death of a partner.
And when life changes, money changes.
Life changes regardless of gender, but right now we’re seeing a shift in wealth management for women that isn’t expected to slow down any time soon.
By 2020 women are expected to control $22 trillion in assets in the U.S., and that’s just the tip of the iceberg.1 By 2030, another $24 trillion is expected to be inherited by women through spousal and inter-generational transfers.