Sneak peek of my book:

How Every Woman Can Retire Without Worry: 10 Simple Steps to Secure Your Financial Future.

(Click here to order from Amazon.)

Part 1: Women, Money, and Retirement

Be the Money Queen Who Rules Her Financial Destiny

“Globally, women stand to inherit 70 percent of the $41 trillion in intergenerational wealth transfer expected to take place over the next forty years. It is our duty to become masters of our money instead of slaves to it.”

—Sharon Lechter

Every woman reading this book has the capacity and intelligence to rule her financial affairs. Sometimes we don’t give ourselves enough credit for how we manage money. Financial planning has historically been the domain of men, so women are routinely left out of the conversation.

Society conditions us to believe that we should leave big financial decisions to men. We’re taught that the world of investments is complicated and we shouldn’t worry our pretty little heads about it. We’ve been taught that money is logical, and we can’t handle it because we are emotional creatures. These outdated social constructs do not serve us. Instead, they inhibit our ability to provide financial security for ourselves in retirement – a time when we will be most vulnerable to the rising costs of health care, taxes, and inflation.

Knowledge is power that we can use to make intelligent financial decisions. Taking care of ourselves will allow us to live a comfortable lifestyle with choices about how and where we want to live. We can all heed the call to take charge of our financial destiny and create the life we want for ourselves, both now and in retirement.

Retirement Planning Helps You Master Your Money.

You can avoid financial pitfalls by planning for retirement early and knowing how much money you’ll need to support your lifestyle. Don’t put it off and ignore it. Instead, focus on doing everything you can to ensure a secure retirement.

Even if you didn’t start early, you can plan today and get a better outcome than if you never made plans. Although planning early is ideal, planning late is better than not at all.

Retirement planning builds financial confidence.

Planning gives you more flexibility in how you’ll reach your retirement goals. You’ll spend wisely, build wealth, and retire on your own terms – with dignity – and without being a burden to anyone else.

Read through the following pages and watch how your mindset about money and saving changes. My goal for you is to become an enthusiastic planner, diligent saver, and savvy investor so you can build wealth.

This book should help you to feel confident, safe, and supported in taking control of your financial future.

Remember to plan now so you can be the Money Queen who rules her financial destiny!

“Every woman has an inner critic. That little voice inside your head that’s always telling you you’re not smart enough, not pretty enough, that you don’t have enough money, and all of those things. If we do not learn how to squash and crush that inner critic, then we will never do anything great. We will always just stay small and stay mediocre. I want us to create inside of us the kind of woman that we want to be, the kind of woman that God is going to be proud of, that He can trust to put wealth in our hands, because He knows that we’re going to use it for good. Just because you’re wealthy does not change who you are on the inside. Be willing to do the work to become the woman that you want to be.”

— Tresa Todd, Real Estate Investor Trainer

Celebrating Women, Money, and Power

We talk a lot about the wage disparity for women. But celebrating women, money, and power is important, too. Here are some promising numbers we cannot ignore:

  • In the past 20 years, the number of women-owned firms in the US has increased 114%.
  • They are increasingly becoming family breadwinners and accumulating massive wealth.
  • Women are slated to control two-thirds of the wealth in the U.S. by 2030.
  • 42% of all U.S. businesses are owned by women (13 million).

And yet….

  • 1 in 3 women lives in or on the brink of poverty. (The Shriver Report)
  • Less than 2 in 10 women feel prepared to make wise financial decisions.
  • Half indicate that they “need some help,” and one-third feel that they “need a lot of help.” (Financial Experience & Behaviors Among Women 2010-2011)

 While women’s financial status is improving, we still need to be mindful of how we manage our money and grow our wealth for the future. One way to increase our financial savviness is to read more about money and retirement planning. Spending just five minutes a day reading a financial book, article, or blog (like mine at PattiFagan.com) is enough to expand your financial knowledge. The more we increase our knowledge, the more our confidence with money increases. As your financial confidence grows, you may find that your net worth grows along with it.

Plan Now and Retire Twice as Rich 

“After you’re older, two things are possibly more
important than any others: health and money.”

— Helen Gurley Brown

“Only 18% of women workers are very confident they
will be able to fully retire with a comfortable lifestyle.”

— The Transamerica Center for Retirement Studies

 Planning is the key to a successful retirement.

According to Ed Slott, America’s IRA Expert, you can retire with twice as much money if you plan now. Slott is an expert in IRA distribution strategies. In his booklet, Retirement Decisions Guide: 86 Ways to Save & Stretch Your Wealth, he shares these three facts from a Dartmouth/Wharton study:

  1. Wisdom pays—Retirement planning is a powerful predictor of retirement wealth. Those who learn how money grows and how much they will need at retirement are much more likely to achieve their stated goals.
  2. Money grows—Planners are more likely to end up with twice the wealth at retirement than non-planners.
  3. Start early—Those who learn about financial literacy when young are more likely to plan for retirement. Remember, though, planning smart can compensate for not starting early.

According to Mr. Slott, people who educate themselves about their finances, play a role in retirement planning, and monitor their IRAs, wind up twice as rich as those who don’t. Ninety percent of women value future planning, but few actually do it, possibly leading to a financial shortfall.

My vision is for every woman globally to be educated and empowered when dealing with money. Financial peace of mind comes from self-education and planning. You have the intelligence and capacity to rule your financial affairs, whether you’re a stay-at-home mom, CEO, or schoolteacher.

Embrace your FEMININE FINANCIAL POWER so that you never need to worry about running out of money in retirement.

You have everything it takes to be a Money Queen.

Click here to order from Amazon.

How Every Woman Can Retire Without Worry