As Women Take a Financial Leap Forward, 'Her Retirement' Educates Them How to Successfully Retire
Her Retirement is a financial education and coaching platform that helps women prepare for, transition into and live a better retirement.
Their approach is powered by people, process, e-Learning and a proprietary software platform. Accessible to any woman anywhere, regardless of her age or asset levels.
The Current Landscape
The financial services industry has over 300,000 advisors (mostly men), yet more than half of us women don’t feel prepared to meet their financial goals. But they’re a force to be reckoned with. By 2030, American women are expected to control much of the $30 trillion in financial assets that baby boomers will possess (a wealth transfer of such magnitude that it approaches the annual GDP of the United States)! . At the other end of the wealth spectrum, there are many women who will find themselves not financially prepared for retirement (for a number of different reasons). Her Retirement aims to provide access to education and services that can help them fill their significant savings and investment gaps. It’s time women get educated, get prepared and build true generational wealth. Her Retirement can fill the gaps left by all those fellas out there
How it Started
Lynn Toomey was in the financial services industry for five years as a partner in her domestic partner’s advisory practice. As she learned more about the industry and started writing, researching and teaching, she came across alarming statistics about women and retirement. She also found alarming data about financial literacy and the financial challenges women face as they enter retirement. She asked why their weren’t more services for “Her Retirement.” And then She decided to create a movement to help women know and have more. She went to Go Daddy, reserved HerRetirement.com and then started developing software to support their approach and process.
How it Works
Her Retirement is a financial education and coaching company helps women prepare for, transition into and live a better retirement. They aim to help one million women know more and have more by 2035.
Their approach is powered by people, process, e-Learning and a proprietary software platform. Accessible to any woman anywhere, regardless of her age or asset levels, it’s affordable and valuable with various service levels, programs, fee structures and subscription plans.
As a “RetireMentor” they’ll make sure you get answers to your tough questions: When can I retire? How much money will I need? Will it last a lifetime? Am I investing enough? Is my money secure? Will I have the healthcare I need? How can I avoid being a burden on my family? And more. They’ll give you all the directions and connections you need to secure a better retirement.
Why for Women
"Unlike our male counterparts, we women face some formidable challenges, risks and obstacles when it comes to our finances and planning for retirement. We live longer. Make less. Invest less. Take career breaks. We’re primary decision makers for purchases, but less confident in financial decisions. We are however, planners and doers. We research and seek knowledge. We’re intuitive and determined. And we aren’t afraid to ask for directions!
Check them out: https://herretirement.com/ Follow on Social Linked: www.linkedin/company/her-retirement