Pew Research has found that these women are more likely than men to have finished at least a bachelor’s degree. Twine found that currently only one third of women in this group are investing outside of a 401(k).
In late 2015, a new fashion trend hit: designer t-shirts emblazoned with the phrase “The Future Is Female.” The message was on point and women of all ages, especially those in their 20s and 30s embraced them.
It’s no surprise that these four words resonated with Millennial women. For the first time in decades, feminism is on the upswing. From career progression to child rearing, Millennial women are taking on the world. They are making themselves the new future.
But the phrase “The Future Is Female” is not a new expression. It was first coined over forty years ago in 1975. That Millennial women of today are claiming this 40-year old slogan is an interesting development. Today’s twenty and thirty-somethings are living in a completely different world relative to where women were financially in the mid-70s. In fact, today’s young women could become some of the most financially independent women in history.
“Millennial women have more freedom with their finances than past generations ever did,” says Misty Lynch, a John Hancock financial advisor consulting for Twine’s Savings and Investing app. “A married woman couldn’t even get her own credit card before 1975 without permission, and single women didn’t have it much easier when it came to financial independence.”
www.forbes.com
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