Women — overall — are richer now than ever before. And they’re soon to get even richer.
“This is one of those issues that is not red or blue,” Meghan said. “It sets us up for economic growth and success, but it also just allows people to have that very sacred time as a family.”
Nearly three-fourths of millennial women, ages 25 to 40 years old, are now investing outside their retirement accounts. Younger women are also more likely to invest for specific goals than those of other age groups.
A woman who has been in the Army for 20 years has probably paid more than $8,000 out-of-pocket for uniforms. A man with the same amount of service, however, paid around $3,500, according to a recent report from the U.S. Government Accountability Office (GAO).