Experts Discuss Women's Financial Empowerment Strategies

During a roundtable discussion for Women's History Month, financial experts highlighted the pressing need for women to understand retirement planning and investing. They emphasized tailored advice for different demographics, including baby boomers, those nearing retirement, and younger women, particularly LGBTQ+ individuals balancing family and financial goals. The conversation also touched on the importance of managing caregiving costs and the various investment vehicles available. Additionally, the growth of side businesses among career women was noted as a response to economic pressures, with many seeking to enhance household incomes and fulfill community needs. Financial professionals play a crucial role in guiding women through their financial journeys, offering support such as pro bono services. Overall, the discussions underscored the evolving financial landscape for women and the importance of informed decision-making.