Women are different from men. No…really! Other than the obvious, financial planning for women is very different than financial planning for men. As a group women earn less, bringing in only 73%* as much as men over the course of their lives whether they take time off to raise a family, inequities in the workplace, or a propensity to choose lower paying professions. According to the last U.S. Census Bureau statistic in this area, the median income for women in 2000 was $27,355 compared with $37,339 for a man. That means that the average working woman is starting with a… Continue reading
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