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Women, let’s pause and consider your financial legacy

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According to the US’s National Center for Health Statistics, eight out of every 10 women will face a likely scenario of being solely responsible for their finances at some point in their lives—sometimes for up to a decade or longer.

Eight out of every 10 women will face a likely scenario of being solely responsible for their finances at some point in their lives.

ST PHOTO: LIM YAOHUI

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SINGAPORE - How often do women think about their financial legacy? Not often, according to anecdotal evidence, at least when compared with nearer-term financial needs.

This is a reasonable position to take, considering the current backdrop of uncertain economic growth, stubborn inflation and fractious geopolitics.

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