What women want (to invest in)

The Indicator from Planet Money

NPR

Business

4.7 • 9.5K Ratings

🗓️ 15 December 2023

⏱️ 9 minutes

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Summary

Women lag behind men when it comes to investing. Combine this with the fact that women tend to earn less than their male peers and live longer, and it can create a waterfall of awful long-term consequences for half of America's population. Today, we speak to an author of an investing study who says he's found a solution.

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Transcript

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0:00.0	NPR.
0:03.0	NPR.
0:05.0	Ladies,
0:06.0	Ladies,
0:07.0	Ladies, all the ladies, single ladies, hell all the ladies out there. We have a problem.
0:19.0	And we're not just talking about the gender pay gap, the glass ceiling, or spending more time out of the workforce.
0:25.6	Oh no, this is another fun one.
0:28.9	We are talking today about how women don't invest as much as men.
0:32.8	There are a lot of studies out there on this.
0:34.8	And to be clear, we are talking about all kinds of investing,
0:38.4	the stock market, bonds, 401k's.
0:41.7	And lack of investing and knowledge about how to do it
0:44.6	can have all kinds of serious consequences.
0:47.8	Women have less money to retire on.
0:50.4	They already tend to earn less than men and on average women live longer so it's like the beginning
0:56.2	of a startlingly bad waterfall of awful consequences.
1:00.3	But there's this guy with a potential solution. He did a whole study on it and he says it works.
1:06.0	He and his colleagues had this idea. Maybe if they gave women like a tiny little push,
1:12.0	like baby bird out of the nest sized push to get them
1:16.1	started investing it just might work. This is the indicator from Planet Money I'm
1:22.1	Wailin Wong and I'm Waylon Wong.
1:23.0	And I'm Sally Herships.
	...

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