Best Advice for Women Starting to Invest and Save for Retirement
Everyone needs to be financially literate and plan for retirement, but for women, there can be challenges to overcome.
Author:
Mar 16, 2021 8:00 AM EDT
If you’re a young woman and you’ve recently entered the workforce or plan to, you might be wondering what to do with your paycheck.
Well, experts generally agree that you have only two tasks: First, learn as much as possible about money, including your employee benefits, and two, start saving for retirement.
Become Financially Literate
Katrina Sherrerd, CEO at Research Affiliates, recommends learning about the basics of finance and investing, as well as the ways that investors create barriers to achieving their goals. “There are many sources of basic information, including books, articles and many asset manager websites,” she says.