04.17.24
Single Women Should Be High on Advisors' Priority List, Nationwide Says
by: Edward Hayes
Of single women surveyed by Nationwide, only 31% felt optimistic about their financial outlook for the next 12 months as opposed to 39% of married women. Single women showed a resolve to fix their financial problems, with 36% saying they are working with an advisor, which is a slightly higher rate than married women, according to the study. Forty-one percent of single women began working with an advisor in the past year compared with 37% of married women. When working with single women, advisors should remember that they face unique challenges that most married women may not have to deal with, said Suzanne Ricklin, vice president of sales and retention for Nationwide Retirement Solutions.
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