Women tend to live longer than men do. Women tend to have, unfortunately, their salaries peaked sooner than men's do. Both of these things are extraordinarily important in putting together financial and investing plans for women.
Sallie KrawcheckI would say one of the reasons that women don't invest to the same extent that men do, is because we still think of it in some ways as a male pursuit.
Sallie KrawcheckWhen you speak to a man or a woman about money, they will use water visualizations. For men, it typically is a river. Money comes in; money goes out. The level rises; the level sinks. For women, when you talk about money, to her... it's a pond. It's a set amount. She husbands it, and it typically goes in one direction... which is down.
Sallie Krawcheck