This page contains a Flash digital edition of a book.
October 2013 | SUN LAKES SPLASH | www.sunlakessplash.com Dollars & ense


Editor’s Note: “Dollars and Sense” is a new column in the Sun Lakes Splash dedicated to financial issues. This column is designed to provide accurate and authoritative information on the subject of personal finances. The publisher shall not be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential or other damages. As each individual situation is unique, questions relevant to personal finances and specific to the individual should be addressed to an appropriate professional to ensure that the situation has been carefully and appropriately evaluated. Robson Publishing, a division of Robson Communities Inc., is not liable for information contained in these articles.


What women need to know about finances


personal


Women need a strong voice in their life and in their career when it


comes to fi nance. While women still earn an average of 77 cents for every dollar a man earns, 14 percent of the women in the workforce are the sole breadwinner for their family. As of 2013, it is estimated that there are over 8.6 million women-owned businesses in the United States, generating over $1.3 trillion in revenues and employing nearly 7.8 million people. Yet women work an average of 27 years, while men work an average of 40. Marriage eases the fi nancial burden, but most women outlive their male partners. Two-thirds of men over 65 live with a partner, while less than half (44 percent) of women over 65 live with a partner.


There are a number of questions that


every woman should ask herself: Do you know what your assets are and


where you can access them? Do you have a fi nancial plan for yourself


and your family? Do you know your net worth? Are you involved in discussions about


fi nancial decisions? Preparing for an unknown future is


essential in today’s ever-changing economy. Having critical fi nancial information organized before one faces a major life crisis will ensure peace of mind now and in the future. A basic background in managing


FEATURES 37


Sandra Hudson, President of TrustBank Arizona


one’s fi nances is so important for any woman, at any stage of her life. TrustBank recently announced the


formation of their “Women and Wealth” group. This series of informal presentations will educate, instill confi dence and build fi nancial skills for women in Sun Lakes and the Valley. Women and Wealth is free and open to the public, and includes topics such as trust and taxes, the psychology of investing, handling life-changing events and retirement planning.


— TRUST cont. on page 72


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100