I recently read an interesting article in the Financial Advisor Magazine. A study by the U.S. Census Bureau and Allianz Life Insurance Company reported the following:

- Women will control 60% of the wealth in the U.S. by 2010

- More than half of women with business degrees out earn their husbands.

- 90% of women feel financially insecure, despite controlling more wealth, having more education, and being more involved in financial decision making.

- 80% of women will, at some point in their lives, be solely responsible for all household financial decisions.

- 70% of women will fire their financial professionals within one year of their husbands’ death.

Amazing statistics aren’t they? If you are in a financial services or business that caters to women, hopefully this information will give you some food for thought!

This entry was posted on Friday, October 24th, 2008 at 4:00 am and is filed under Professionals, Women Only. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.