Professional women, for all of their accomplishments, are much less likely than men to oversee their own financial futures.
Carol Khouri of Lexington, Mass.-based Wingate Wealth Advisors, said that this lack of personal financial oversight is a common problem with far-reaching consequences.
"Women are playing with fire when they leave their financial futures to others," said Khouri. "No matter how successful or accomplished we are, women often seem stuck in traditional gender roles when it comes to finance. All too often, women are content to leave our financial planning to our husbands or outside financial planners. The problem is, when life changing surprises like divorce or the death of a spouse occur, women tend not to be prepared to take control of their financial futures."
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