How Women Are Reshaping the Biggest Wealth Transfer in Modern History

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 30 January 2025

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

As the gender gap in lifespans grows, more baby boomer women are getting the final say in how their family’s wealth is allocated. Wall Street Journal reporter Oyin Adedoyin joins host Ariana Aspuru to discuss how women are managing their family’s nest eggs differently than their spouses and are now deciding the fate of trillions of dollars. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Americans love using their credit cards, the most secure and hassle-free way to pay.
0:04.0	But DC politicians want to change that with the Durban Marshall Credit Card Bill.
0:08.0	This bill lets corporate megastores pick how your credit card is processed,
0:13.0	allowing them to use untested payment networks that jeopardize your data security and rewards.
0:18.0	Corporate megastores will make more money and you pay the price.
0:22.1	Tell Congress to Guard Your Card because Americans lose when politicians choose. Learn more at
0:28.1	guardyercard.com.
0:33.2	Here's your money briefing for Thursday, January 30th. I'm Mariana Aspuru for the Wall Street Journal.
0:42.9	Baby boomer women are leading one of the biggest wealth transfers in modern history.
0:47.8	And they're now deciding the fate of trillions of dollars.
0:51.2	We're really starting to see this shift where women who are in their 60s and 70s are
0:55.7	finding themselves in control of their family's finances, whether it's due to divorce or the
1:02.2	passing away of a spouse. And that's pretty significant because 50 years ago, this same generation
1:07.8	of women weren't even allowed to open credit cards in their name or own their own home.
1:13.2	Wall Street Journal Personal Finance reporter Oyen Adidoion joins me to discuss how these women are managing their money after the break. Ready to launch your business? Get started with the commerce platform made for entrepreneurs.
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1:56.0	slash setup. up. More women over the age of 60 are now having the final word on their family finances
2:09.4	and handling the money differently than their spouses. Wall Street Journal Personal Finance
2:14.6	reporter Oyen Adidoyen joins me. Oyen, where is this shift coming from?
	...

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