WOMEN & FINANCIAL WELLNESS: BEYOND THE BOTTOM LINE

Women have been driving change in the labor market, the workplace, and the home. But there are still key opportunities for continued growth.

41% of women wish they had invested more of their money1

Explore the unique financial journeys of women and gather insights to prepare for your own financial future.

Get the full report

How wide is the earnings gap?

When looking at key stages of life like parenting and caregiving, women are far likelier to take time off from their jobs than men. How does that translate financially?

$1,055,000Cumulative lifetime earnings gap between men and women at retirement age2
Men's Time
Women's Time

Based on earnings from ages 23 to 65.3

Earning

Caregiving for Parent

Parenting

Caregiving for Spouse

Retirement

Women Study Image 1

Share:

Explore women's journeys and solutions to help build lifetime investments

Get the full report
Arrow Image

How confident are women about investing?

While women's confidence in other financial matters is equal to or greater than men's, investing is an opportunity for many women to expand their expertise and experience.

Women Image

When it comes to managing investments, only about half (52%) of women say they are confident, compared to 68% of men.4

Investing confidence across asset levels

43%

56%

65%

76%

75%

90%

Women

Men

Under $100K
$100K - $249K
$250K +
Women Study Image 2

Share:

Explore women's journeys and solutions to help invest for the future

Get the full report
Arrow Image

Where are women's financial priorities centered?

Financial priorities are ultimately about individual needs and goals. It's clear that women are seeking opportunities to link their investments to those priorities.

Family Image

FAMILY

77% of women say they see money in terms of what it can do for their families.5

Finances Image FINANCES
Health Image HEALTH
Work Image WORK
Home Image HOME
Leisure Image LEISURE
Giving Image GIVING

Your unique priorities need a personalized financial plan centered on your goals. Consider working with a financial professional to create that plan. We are here to help you take the first step.

Share:

We have the insights and expertise to help you prepare for your financial future.

Get the full report Find a financial advisor Want to explore more? Back to top

RELATED CONTENT

MEDIA CONTACT

Julia Ehrenfeld

Bank of America

646.855.3267

julia.ehrenfeld@bankofamerica.com

1) Base Women 18+ excluding NAs (select all that apply)

2) Source: Bureau of Labor Statistic; TED: The Economics daily, Median usual weekly earnings of women and men who are full-time wage and salary workers, by age, 2016 annual averages. Age Wave Analysis.

3) Age Wave Estimate, Bereau of Labor Statistics, Number of Jobs, Labor Market Experience, and Earnings Growth: Results from A National Longitudinal Survey, 2017

4) Base: Women and men 18+ (percent agree)

5) U.S Trust, Insights on Wealth and Worth, 2017

Age Wave and Merrill Lynch, Women & Financial Wellness: Beyond the Bottom Line, 2018

Age Wave is not affiliated with Bank of America Corporation.

Information for:

Corporations & Institutions Job Seekers Media & Journalists Shareholders

Get in touch:

Contact Us

Connect with us:

Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

Neither Merrill Lynch nor any of its affiliates or financial advisors provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.

Asset allocation, diversification and rebalancing do not ensure a profit or protect against loss in declining markets.

Investment products, insurance and annuity products:

Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value
Are Not Deposits Are Not Insured by Any Federal Government Agency Are Not a Condition to Any Banking Service or Activity

Merrill Lynch makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith, Incorporated (MLPF&S), a registered broker-dealer and Member Securities Investor Protection Corporation (SIPC), and other subsidiaries of Bank of America Corporation. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc., a licensed insurance agency and wholly owned subsidiary of Bank of America Corporation.

Merrill Lynch is the marketing name for Merrill Lynch Wealth Management, and Merrill Edge®, both of which are made available through Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S”). Merrill Edge is available through Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S), and consists of the Merrill Edge Advisory Center (investment guidance) and self-directed online investing.

Trust and fiduciary services are provided by U.S. Trust, a division of Bank of America, N.A., Member FDIC, or U.S. Trust Company of Delaware. Both are wholly owned subsidiaries of Bank of America Corporation.

Banking products are provided by Bank of America, N.A. and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation.

MLPF&S and U.S. Trust make available investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation.

© Bank of America Corporation. All rights reserved.
ARFYRB8W-EXP-2019-04-24
X

You need to answer some questions first

Then we can provide you with relevant answers.

Get started

Important notice: you are now leaving Merrill Lynch

By clicking continue, you will be taken to a website that is not affiliated with Merrill Lynch and may offer a different privacy policy and level of security. Merrill Lynch is not responsible for and does not endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on other websites.

You can click the "Return to Merrill Lynch" button now to return to the previous page, or you can close the new window after you leave.

Continue
Return to Merrill Lynch