At your current age, the strain of being in the sandwich generation hits hard. You are managing the costs of raising children, and the needs of your ageing parents. Medical bills add to the load. Those in the sandwich generation are concerned about their own retirement too, while fretting over rising costs.
Women in their 40s and 50s should also watch their own finances with care. For every dollar that a woman invests on the Endowus platform, a man has invested roughly $2.50. There may be a temptation for women to be overly focused on family expenses, and risk not planning for their own needs.
Meanwhile, while men are more invested in the markets than women, our data suggest that they tend to redeem more frequently than women. Staying invested will allow both men and women to reap long-term market gains to alleviate the pains of being squeezed on both ends.
want to invest more in 2022
are most concerned about retirement adequacy
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