Women Investors

Women Investors

Economically:

1. In 2020, women are expected to control $43 trillion of global consumer spending through voluntary private consumption or an exchange of money for goods and services.¹
2. In 2019, PEW research said 80% of women, which children, identified themselves as the primary shoppers for their household and 68% with no children.²

          ^{1 Source: PR Newswire. “Global Female Income to reach $24 Trillion in 2020.” March 2020. Based on Global Mega Trends to 2030 Research.}

          ^{2 Source: https://www.pewresearch.org/fact-tank/2019/09/24/among-u-s-couples-women-do-more-cooking-and-grocery-shopping-than-men/, 2019}

Business Ownership:

• In 2018, women owned 19.9% of all business in the United States¹
• Women-owned businesses are estimated to generate nearly $1.8 trillion in revenue and employing nearly 10.1 million people¹

  ^{1 Source: https://www.census.gov/library/stories/2021/03/women-business-ownership-in-america-on-rise.html}

However, women still have many concerns:

Long-Term Health Care

• Women outlive men about 5 years on average
• Women represent more than 70% of nursing home residents1

Financial Security

• In 2019, 10.3% of women age 65+ lived in poverty, compared to 7.2% of men²

Living Alone

• 48% of women age 75+ live alone, compared to 22% of men¹

         ^{1 Source: https://www.aaltci.org/long-term-care-insurance/learning-center/for-women.php}

         ^{2 Source: https://www.census.gov/data/tables/time-series/demo/income-poverty/historical-poverty-people.html - Table 7}