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Retirement

Women on the Rise

Women on the Rise Conquering: Unique Retirement Challenges. Financial success is a goal for many, but women face unique barriers that can make that goal more difficult to achieve. Understanding today’s financial landscape can help women rise to the challenge, know their worth, and take control of their futures.Daunting Realities. Although history has seen some significant progress for women over the last century, there’s still a long way to go toward financial equality. Women make 83.6 cents for every dollar their male counterparts make in a similar job. (1) The average Social Security retired worker benefit for women is $20,562 per year, compared with $25,277 for men. (2) 57% of women feel they are behind where they should be with their retirement savings. (3)Enormous Potential. The truth is, women wield a huge amount of influence over the economy, and their impact is only likely to grow. Women are expected to inherit $30 trillion in financial assets by 2030. (3) 41% of small businesses that employ people are operated by women. (5) Women hold 29% of C-Suite positions in corporate America, up from 17% in 2015. (4)Increasing Impact. The numbers don’t lie: more women are successfully founding and leading businesses than ever, with impressive results. In 2024, 49% of all new U.S. businesses were started by women—a record high. (6) In 2024, 52 Fortune 500 companies were run by women. (6) Women own over 12+ million businesses and employ over 10+ million Americans. (6)Support for the Journey Many women report having strong relationships with their financial professionals. In fact, 70% of women say they would refer their financial rpfessional to a friend or relative. Whatever your financial needs, we're here to help (7).Sources: 1. BLS.gov, August 13, 2025; 2. SSA.gov, 2025; 3. Bankrate.com, March 26, 2024; 4. Chief.com, September 17, 2024; 5. DemandSage.com, May 31, 2025; 6. University of Kansas School of Business, July 22, 2025; 7. ML.com, August 13, 2025
 

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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

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At MyICON, our focus is to provide our clients with strategic, knowledge-based consulting and advice. At times, we may also assist our clients with securities related services. We are currently registered in: Alaska, Arizona, California, Colorado, Florida, Georgia, Idaho, Minnesota, Missouri, New Mexico, North Carolina, Oregon, Pennsylvania, Texas, Virginia, and Washington. Our website is only intended for residents of these states or for individuals interested in MyICON's Financial Planning and Consulting Services. By viewing our site, you verify that you meet one of these criteria. Fee based consulting and financial planning services offered through MyICON®, an independently owned and operated Registered Investment Advisor. Investment advisory services offered through Private Advisor Group, a registered investment advisor. Private Advisor Group and MyICON® are separate entities, separate from LPL Financial, and are not registered as a broker-dealer. Securities offered through LPL Financial, member FINRA/SIPC. 

As a locally owned and indpendently operated firm headquartered in Kirkland, Washington, MyICON helps families and businesses in the greater Puget Sound, the Pacific Northwest, and across the country. As an independently Registered Investment Advisor firm in the state of Washington, MyICON has a team of Wealth Managers, Financial Planners, and Financial Advisors to help you create and fulfill your Life Plans.

Contact

MyICON
Office: (425) 562-ICON
Toll-Free: (866) MyICON4
Fax: (425) 746-ICON

520 6th Street South
Kirkland, WA 98033

info@MyICON.com

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