Women still make less, on average, than men and often spend more time out of the job market caring for children or aging parents – reducing overall savings.
While more progress is being made recognizing and compensating the contributions of women, there’s still work to be done. In the meantime, our Private Client Relationship Managers can help you organize and structure your financial life in a way that makes saving clear and uncomplicated – ultimately offering you more confidence.
Not only are women spending more time caring for children, they often prioritize the care of parents and other loved ones over retirement savings.
Prioritization is an important part of savings, especially when you have several things in your life that require your attention. Our Private Client Relationship Managers understand the issues that compete for your time and your resources, and they can help you separate fact from fiction when it comes to when and how you should be saving.
Women typically live longer than men, often requiring more in healthcare resources and, in retirement savings.
Preparing for the unknown can be difficult – and a little unsettling. What helps is honest, open conversation that sheds light on resources and options to mitigate the financial risks involved in long-term care. Our financial advisors, who are a part of our wealth management group, First Horizon Advisors, are passionate about conversations like this that can turn caution into confidence.
Sometimes a spouse’s voice can be lost or limited in financial decisions. That powerlessness can be amplified should a marriage end in divorce. Not only are you dealing with emotional loss, you could be looking at the prospect of steering your financial future for the first time in a long time.
Our first priority as your Private Client RM is to earn your trust by listening carefully and leaning into the uncertainty you may feel – right alongside you. From there we work tirelessly with you to help you create your plan – the financial “move-me-forward” strategy that helps offer you confidence for a fresh start.
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