RJ and Makay

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From the manner in which they seek information, set goals and manage expectations, women can help identify important money management techniques for any investor.  Women now head 40% of all privately-owned businesses in the U.S. and control half of the nation’s wealth, estimated at $11 trillion of $22 trillion, according to a recent Forbes article, "What Women Can Teach Us About Money."  

When doing retirement planning, almost half of retirees — 45% — don't account for the effects of inflation on their spending power, show the results of a survey released by the Society of Actuaries (SOA). That finding is worrisome because it suggests many retirees may run out of money faster than they thought.

The SOA survey, which included 804 adults ages 45 to 80, also showed that inflation is a much larger concern among pre-retirees, 72% of whom said their retirement plans contain an inflation assumption. Similarly, 71% were very or somewhat concerned about inflation, compared with 58% of retirees.