Seventy-two percent of Americans are stressed about money, according to a survey by the American Psychological Association. And according to a 2016 survey done by Charles Schwab, 70 percent of millennial women worry more about having enough money later in life than they do about being healthy, whereas 46 percent of men feel this way.
“There’s a lot of stress going on around money in this country, whether you have it or not,” says Carrie Schwab-Pomerantz, chair and president of the Charles Schwab Foundation and senior vice president of Charles Schwab. “Even people who have it are stressed out because they don’t really know how to manage it, so I always tell people it starts with a plan.”
On the final episode of season one of Women & Worth, Schwab-Pomerantz and Worth’s CEO Juliet Scott-Croxford discuss financial planning to reduce stress, how freelancers can prepare for retirement, how society needs to change to address financial disparity between men and women and how to create a meaningful life. Hear their conversation above.
On the Women & Worth podcast, sponsored by Charles Schwab, influential women engage in meaningful conversations about financial planning, investment strategies, career development, opportunities to invest in women and more with Worth’s CEO Juliet Scott-Croxford. Together, they discuss significant challenges women face in the workplace and society at large, in the hopes that doing so may chart a path forward to accelerate progress.