The Feminization of Wealth
We’re going to hear more and more about the “feminization of wealth” as the great wealth transfer—$80 to $90 trillion from Boomers to Millennials—takes place. By the end of the decade, we expect that women will control $30 trillion, and, eventually, about 60% of all wealth in the U.S. For perspective, U.S. gross domestic product for 2023 was just under $28 trillion.
The Normal Aging Process And Frailty Risk
It’s hard to imagine arriving at that age where you start a conversation regaling people with your latest doctor’s appointments. Lots of us arrive there, however. Sometimes it’s a necessity, like when a child takes over a parent’s health logistics. But mostly we joke how we’ll never be that person, when in reality, we know, deep down, we are destined to become precisely that person.
Who Is Madrina Molly?
A client once called me “Hada madrina de buenas ideas financieras,” which translates to the “fairy godmother of good financial ideas.” Another client called me the “Good Idea Fairy.” I sensed a pattern.