Be Your Own Knight in Shining Armor
by Stacy Francis, CFP®, CDFA
Are you still looking for your knight in shining armor? Or have you already found him? Either way you have your work cut out for you when it comes to finances!
$ More than 50 percent of all marriages fail.
$ After a divorce, the average woman sees her standard of living drop
by as much as 30 percent.
$ The average age of widowhood is 56 years old.
$ The average woman lives to 80. (The average man, to age 74.)
$ The poverty rate for elderly women is twice that of elderly men.
Savvy Ladies’ Tip: Read Prince Charming Isn’t Coming: How Women Get Smart About Money by Barbara Stanny.
Stacy Francis is president and CEO of Francis Financial, Inc., a fee-only wealth management practice dedicated to investment advisory services for women, couples and those experiencing divorce. She is also the founder of Savvy Ladies®, a nonprofit organization that educates and empowers women to take control of their finances.