
Times are tough. We're here to help. | Figuring out the best ways to manage, grow and protect your money can be stressful. The uncertainty of inflation, its impact on the cost of living, your ability to save for emergencies, and the outlook for your retirement can increase stress, especially for women. On this International Women's Day, it is encouraging to learn that many women are tackling stress head-on by taking control of their finances. A new survey by Fidelity Investments finds the vast majority of women (nearly 90%) have either made money moves recently or plan to within the next 6 months — doing things like adjusting spending, paying down debt, saving more and improving their credit score. Finding strategies to help manage your money will make it easier to meet your current obligations and secure your financial future. While research shows financial literacy among women often lags men, one key area where women are ahead is knowing how long they may live. A recent report from TIAA and George Washington University finds women have greater "longevity literacy" than men, yet they don't have as great an understanding as men of how to make sure they are financially ready to retire or ensure that their money lasts as long as they do. Many women — and men — need to have a better understanding of all the factors that go into ensuring a secure retirement. |
To kick off Financial Literacy Month in April, I will be speaking with TIAA CEO Thasunda Duckett and discussing key issues around retirement security for a special CNBC "Equity and Opportunity" virtual event on Tuesday, April 4th at 3 pm ET. This free event is open to everyone. Our conversation will be a precursor to another CNBC event a week later that will delve more deeply into gender differences and similarities when it comes to earning, saving, and investing money. |
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On April 11th at 1 pm ET, I'll be hosting the inaugural "Women and Wealth" summit, a new offering in the series of popular
CNBC "Your Money" events you may have attended (or wish you had) over the past few years.
Women are reevaluating their relationship with money at an accelerating rate — with a renewed focus on career success and increasing income, starting a business, investing in their own well-being, and prioritizing flexibility without forsaking financial safety. At CNBC's Women & Wealth summit, we'll explore ways that women can increase their income, save for the future, and make the most out of current opportunities. Men are welcome too! Join me for a compelling event focused on improving your financial well-being. Register here now! Looking forward to an exciting month ahead,
Sharon Epperson CNBC Senior Personal Finance Correspondent
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