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Kiplinger
Kiplinger
Business
Tiffany Welka

How Women Can Handle Their Growing Wealth Like a Pro

A woman looks at financial paperwork while standing in her kitchen, a calculator and laptop on the counter in front of her. .

Forbes dubbed 2023 the Year of Women, and it’s easy to see why. Women have had an unprecedented number of financial wins, and the future looks promising.

Data from McKinsey & Company says that by the year 2030, women will control $30 trillion of wealth (an amount nearly equal to the annual U.S. GDP), all while they still make 85 cents on the dollar (even less for women of color) compared to their male counterparts.

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