Be inspired to own your future and help rising generations do the same.
Women’s growing economic influence across all generations has been one of the most significant shifts within our economy across recent decades.
Through both wealth creation and inheritance, women are set to control more than two-thirds of private capital in the U.S. by 2030.
While this new dynamic represents great progress toward our financial equality, the reality is that nearly half of us still defer long-term financial decisions to our male spouses. And surprisingly, recent studies show Millennial women are doing more than any other generation. A primary reason is a lack of confidence — a belief that men know more about investing.
To change this mindset, we have to take action. Leading by example to expand our knowledge, share our stories and engage women of all ages will lead to teachable moments that empower us — and future generations — to build confidence around all aspects of our wealth.
In this issue, we celebrate two women who are harnessing their expertise to impact all generations. From a woman inspiring boldness through the skills learned in poker, to a Millennial successor using her own unique experience to help bridge the generation gap — this issue is proof that leading by example is one of the most effective ways to empower those around you.
We hope this issue inspires you to own your wealth and help rising generations do the same.
Enjoy!
Steph WagnerNational Director of Women & WealthNorthern Trust