When it comes to financial pressure, women have it all — all theresponsibility, that is. And not all that much support orassistance.
According to a study of women of wealth, “What do BreadwinnerWomen Want?” conducted by the Family Wealth Advisors Council(FWAC), a nationwide network of leading independent wealthmanagement firms, women are the breadwinners in 40 percent ofAmerican families.
If that’s not enough responsibility, think about these facts: 95percent of women will be their family’s principal financial decisionmaker at some pointin their lives, and female breadwinners are responsible for no lessthan 75 percent of all financial planning responsibilities in theirhouseholds. In addition, those women supporting their families areassuming as much as 90 percent of the responsibility for charitablegiving, paying for college, retirement planning and overallsaving.
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