February 27, 2026
Women, Wealth, and What Comes Next: Financial Planning for Women
Financial planning for women has never been more important. Nearly 69% of women now identify as their household’s primary financial decision-maker, according to the CFP Board. That shift reflects leadership, responsibility, and long-term vision.
Women are not just managing daily expenses. They are driving retirement planning decisions, building wealth, and protecting future generations. As women continue to live longer and shape their financial futures, having a clear strategy for retirement income and protection is essential.
Why Financial Planning for Women Matters
Women often face unique financial challenges. On average, women live longer than men, which means retirement savings may need to last longer. Career pauses for caregiving and wage gaps can also affect lifetime earnings and retirement contributions.
Because of this, retirement planning for women requires thoughtful preparation and dependable income strategies. Financial confidence does not come from guesswork. It comes from building a plan designed to provide stability and income you can rely on.
Key Steps to Strengthen Financial Confidence
Strong financial planning starts with practical action:
1. Build Financial Knowledge
Understanding retirement income options, risk management strategies, and long-term savings tools empowers better decision-making.
2. Create an Emergency Fund
Saving three to six months of expenses provides a financial cushion during unexpected events and protects long-term goals.
3. Review Life Insurance Coverage
Life insurance for women is not just protection. It can also support estate planning and generational wealth goals.
4. Prioritize Retirement Income Planning
Maximizing IRAs, 401(k)s, and annuities for retirement can help create predictable income throughout retirement.
Retirement Income Strategies Designed for Women
A well-rounded retirement strategy often includes solutions that provide growth, income, and protection.
Multi-Year Guaranteed Annuities (MYGAs) offer competitive fixed rates for a defined term, helping savings grow with predictability.
Single Premium Immediate Annuities (SPIAs) provide income for life, helping address one of the biggest retirement concerns. Running out of money.
For women who may spend decades in retirement, guaranteed income can play a meaningful role in long-term stability.
Single Premium Whole Life insurance (SPWL) can help protect loved ones while building financial value that supports legacy planning.
Together, these solutions can help support women and retirement income goals with greater certainty.
Planning Ahead with Confidence
Women are leading financial decisions in their households at record levels. With that leadership comes opportunity. Financial planning for women is about more than saving money. It is about building income for life, protecting family, and preparing for what comes next.
If you are reviewing your retirement plan or exploring income strategies, now is the time to take the next step toward long-term financial confidence.
