Unless youve been living off-the-grid in recent months, youve probably heard a lot about the gender pay gap. The topic has dominated headlines from the New York Times, to Fortune, to Freakonomics, to the Atlantic, to the Wall Street Journal-and was a point of discussion at the World Economic Forum in Davos.
We often hear of a gender gap in politics. Well have to see what 2016 brings, but in the 2012 presidential election, women supported Barack Obama over Mitt Romney by 10 percentage points more than men did.
Heres what we know: we know that the retirement savings crisis is enormous; by some estimates, Americans are under-saved by up to $14 trillion.1 We know that this number, as large as it is, may in fact be understated, because it assumes Social Security and Medicare solvency ...a big if.
Ok, you understand the importance of diversity in your company. You've likely seen the research that points to better business results. Or maybe you intuitively recognize that your customer demographics are shifting, and this will help you address them. Or maybe you view this as a fairness issue, or any of dozens of other reasons.
We all make mistakes. I’ve made more than my share. Here are the top 10 financial mistakes professional women make:
1) Letting your husband or partner manage the money without your involvement. Very 1968… and not in the cool, mod way.