Invest in Yourself Blog Series | Part 3

Yesterday was International Women’s Day — join us by reviewing the first and second articles of our 3-part series on Clarity and Investing in Yourself during Women’s History Month and beyond.

Hewins created the Invest in Yourself Luncheon series last year to help educate women on key fiscal and personal strategies that can add great value to their lives.  This event also serves as a helpful forum and place of support for women to connect with others from a professional and personal perspective.

The focus for my 3-part blog is Clarity. How can you achieve Clarity? In part 2 of my blog, we were looking at the importance of looking at finances from a different perspective and making wise decisions.
It is important that you are prepared for the future and have an investment plan and philosophy in place. Many times people put it off for fear of the unknown or fear of their own mortality.

“Things do not change; we change.”
Henry David Thoreau, writer and philosopher

I find the above quote compelling in that the inevitable will happen. We will get older, retire and eventually pass away. It is up to us to take the first step to ensure we have Clarity and put a financial plan in place: to ensure we take care of ourselves and our families.

Let’s look at some statistics from a study done by Ameriprise Financial and Harris Interactive on retirement planning and how women tend to think differently:

  1. Only 22 percent of Americans report confidence in reaching their retirement goals. Men are significantly more likely than women to express this confidence, 25 percent vs. 19 percent.
  2. Fifty-four percent of men reported setting aside money in their own investments, such as stocks and IRAs, compared to 46 percent of women who say they have done the same.
  3. Men are also more likely than women to report that they’ve determined the amount of income they’ll need in retirement, at a ratio of 31 percent to 20 percent.
  4. Men are significantly more likely than women to say they feel on track for retirement (41 percent compared to 34 percent) and express confidence in their overall financial future (22 percent compared to 16 percent). 1

Listed above are numerous statistics on retirement planning, and the differences between genders. It is startling to think that only 16% of the women participating in the study have confidence in their overall financial future! We work too hard not to ensure we will be provided for in our future. Take the first step and start assessing what you’d like to accomplish. You can start by asking yourself these simple questions in relation to your finances:

Where have I been? How did I get there? Where do I want to go?

You should also consider working with a Financial Advisor. A Financial Advisor can help you to visualize what you want and how to best aim towards achieving it; the Clarity of walking down a guided path, working together in Partnership, and providing Awareness into what the future may hold.

“The winds of grace are always blowing, but you have to raise the sail.”
Sri Ramakrishna, famous mystic of 19th century India.

This is just the beginning of our journey together. It’s time for you to raise your sail, start your journey and adjust accordingly. We started with Clarity and will continue our journey with Partnership and Awareness. Stay tuned & Invest in Yourself!


Wipfli Financial Advisors, LLC (“Wipfli Financial”) is an investment advisor registered with the U.S. Securities and Exchange Commission (SEC); however, such registration does not imply a certain level of skill or training and no inference to the contrary should be made. Wipfli Financial is a proud affiliate of Wipfli LLP, a national accounting and consulting firm. Information pertaining to Wipfli Financial’s management, operations, services, fees and conflicts of interest is set forth in Wipfli Financial’s current Form ADV Part 2A brochure and Form CRS, copies of which are available from Wipfli Financial upon request at no cost or at Wipfli Financial does not provide tax, accounting or legal services. The views expressed by the author are the author’s alone and do not necessarily represent the views of Wipfli Financial or its affiliates. The information contained in any third-party resource cited herein is not owned or controlled by Wipfli Financial, and Wipfli Financial does not guarantee the accuracy or reliability of any information that may be found in such resources. Links to any third-party resource are provided as a courtesy for reference only and are not intended to be, and do not act as, an endorsement by Wipfli Financial of the third party or any of its content or use of its content. The standard information provided in this blog is for general purposes only and should not be construed as, or used as a substitute for, financial, investment or other professional advice. If you have questions regarding your financial situation, you should consult your financial planner, investment advisor, attorney or other professional.
Janice Deringer


Janice L. Deringer is a member of Wipfli Financial's Investment Committee and a consultant who focuses on serving individual and corporate clients. She brings over 20 years of institutional investment management experience to her strong interest in educating women and individuals regarding financial decisions, realities and possibilities.

No Comments Yet

Comments are closed

Invest in Yourself Blog Series | Part 3

time to read: 2 min