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Unique Challenges Faced by Women in Preparing for and Managing Their Retirement Years
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Managing the Risks of Retirement
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Read about women & investing from Oppenheimer Funds
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Also check out WISER (Women’s Institute for a Secure Retirement)
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The Growing Financial Power of Women
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Gender Can Make a Difference in Attitudes about Investing
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Raymond James recently ranked first among full service brokers in SmartMoney
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Raymond James thrives despite financial sector’s woes
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Read about The Value of Staying the Course durring market turmoil.
Women Stats
WWomen control 60% of America's wealth. (Source: Oppenheimer Funds Women and Investting 2005 report and the National Foundation of Women Business Owners.)
Women-owned businesses, defined as businesses whose ownership is at least 50% female, comprise 40% of all companies in the U.S. These businesses employ 35% more people in the U.S. than Fortune 500 companies do worldwide. From 1987 to 1999 women-owned businesses grew 103% - one and one half times the national average. Their employment levels grew 320% and their revenues grew 436%. The fastest growing women-owned businesses were larger firms with more than 100 employees. (New Strategist Editors, American Men and Women, New Strategist Publications, 2000 pp. 260-261.)
Women entrepreneurs accounted for 70% of all new business start-ups 1990-2000. 65% of women owned businesses have made it past their 5 year anniversary compared to 58% of their male counterparts. (IBID)
Women comprise 47% of individuals with assets over $500K. (1997 U.S. Labor Department, reported in the Wall St. Journal Nov. 24, 1997)