woman, man at computer While 56 percent of married women leave investments and financial planning decisions to the guys, one generation, oddly, is even more likely to do so. (Photo: Shutterstock)

Amazing as it may seem in a time when women pursue all sorts of opportunities and take charge of much, if not most, of their own lives, married women are still deferring to husbands when it comes to financial decisions, believing the menfolk know better about such things as investing.

So says research from UBS Wealth Management USA, which also finds that, even more amazingly, while 56 percent of married women leave the finances—investments and financial planning decisions—to the guys, millennial women are even more likely to do so, at 61 percent, than older generations, at 54 percent.

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Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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