• Women still have chronic anxiety about finances. Despite the fact that the number of women earning $100,000 and more has quadrupled in the last decade, according to the U.S. Census, women are worried they’ll end up living under a bridge.
     
  • It is true--women are more educated, more involved in financial decisions and control more of the wealth then ever before. Yet 90 percent of those surveyed said they feel somewhat or not at all financially secure, with half of them afraid they’ll lose all their money.

Excerpt from Andrea Kay
Gannett News Service


Women Money and Power - from our partners at Allianz

Women, Money, and Power Study – Phase I
In 2006, Allianz Life Insurance Company of North America (Allianz) commissioned The Allianz Women, Money, and Power Study, which sought to better understand the unique relationship women have with money. Allianz learned a lot from the first phase of the Study – despite their educational, professional, and financial gains over the past few decades – women still feel insecure about their financial futures.

Women, Money, and Power Study – Phase II
Allianz commissioned Phase II of The Women, Money, and Power Study to examine two key questions:

What do women want to learn about finances?
How do they want to learn it?

The study found that while women used the internet as their main resource for learning about financial planning, it is the least trusted source. Human interaction remains the “most meaningful and effective” source of information. In fact, 50% of women prefer “a person telling me,” versus “reading about” something.

Read the news release about Phase II


Women's Information and Media Coverage Articles


Gannett News
Despite gains, women worry about losing it all September 1, 2006


The Christian Science Monitor
For women, financial savvy is no fairy tale August 30, 2006


Yahoo! Finance
Women Underserved in Financial Planning


The Washington Times
Nearly half of women fear life as a bag lady


Reuters News
Many women fret about financial security: study


MarketWatch
'Bag lady' fears haunt about half of women Survey finds even high-income women worry about losing it all August 22, 2006


Minneapolis Star Tribune
Wonder women? Ninety percent of women feel somewhat if not totally financially insecure, a study found August 22, 2006


Minneapolis St. Paul Business Journal
Allianz study: 90% of women feel financially insecure August 22, 2006


EDUCATIONAL VIDEOS

  • Real Estate Management by MRC Associate Jason Turley
     

INDUSTRY ARTICLES

Below are several recent industry articles that we have provided to help you understand today's retirement challenges.

>   "How the Affluent Manage Home Equity to Safely and
       Conservatively
Build Wealth
"
      By Steven Marshall and Patrick Allman

>   "The Tradeoff between Mortgage Prepayments and Tax-
       Deferred Retirement Savings
From the Working Papers of
       the Federal Reserve Bank of Chicago
"
      with commentary by Doug Andrews
      By Gene Amromin, Jennifer Huang, and Clemens Sialm,

>   "Many Households Are at Risk In Their Retirement Finances"
      By Glenn Ruffenach, June 2006, The Wall Street Journal

 

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