Financial Independence and Women

March 7th, 2008 | Stacey | Financial Freedom, Financial Independence

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Woman need to consider financial independence for many reasons. First of all, most women live 7 to 10 years longer than men yet their retirement income is less than half that of men. Further, the National Center for Women and Retirement Research found lower salaries and less time working equaled retirement benefits for women that are a quarter of those paid to men.Further, about half of women over 50 are single as a result of a death, divorce or choice so they are financially responsible for themselves and possible children. Without financial independence, women become dependent on someone else or the government for support.

Kim Kiyosaki, Robert’s wife, talks about financial freedom for women and refers to 1989 when she was the one to scrape up money to invest in her first property. She now enjoys a multi million dollar real estate empire and encourages other women to seek financial freedom regardless of their circumstances. Whether women have a wealthy partner or are on their own, financial independence allows them to make their own decisions.

By getting a financial education and dealing with reputable, familiar companies, women can make the most of what they have and set goals for financial freedom. No matter what your lifestyle, financial freedom is just a few good decisions away.