May 22, 2015 Affluent Investor Facts: What Do High Income Women Worry About?
Did you know that high income women are the most concerned about the financial situation of their children as well as feeling responsible for aging parents?
What are the financial issues that you worry about most? Fifty eight percent of high income women, as well as all other wealthy investors, worry about the financial situation of their children or grandchildren. In contrast, 57 percent of high income women worry about their aging parents, compared to 51 percent of all affluent households. This is primarily because high income women have a younger average age of 50, compared to over 63 for the rest of the affluent population. Therefore, high income women are more likely to be in the sandwich generation.
Other concerns for high income women include a family health catastrophe, with 52 percent of high income women and 53 percent of all investors listing this as a concern.
Other investors, with a higher average age, identify the health of their spouse (at 66 percent) and their own health (at 62 percent) as major concerns.
High income women worry about financing the education of their children at 47 percent.
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