By Annie Kvick, B.Ed, CFP®
The ending of a marriage is an unfortunate reality for many Canadians; it creates emotional upheaval for both partners and any children involved. But studies have shown that it generally impacts a woman’s financial well-being longer and more significantly than it does a man’s. This imbalance can have serious consequences for women approaching retirement.
This year, the theme for International Women’s Day was #AccelerateAction. Organizers want us all to do more of what works, faster, as we strive for gender parity. This is an important global initiative, but I believe it is equally important for women to take action NOW within their own lives—to be financially secure and confident, and ready for whatever life circumstances unfold. Continue reading