Stacy Francis Quoted by CNBC: Women are ‘significantly more likely’ to live paycheck to paycheck
Women are ‘significantly more likely’ to live paycheck to paycheck, report finds
Stacy Francis, President and CEO of Francis Financial met with Jessica Dickler from CNBC to discuss the growing wage discrepancy that is especially difficult to manage near retirement.
“Not only do we start with less money in our pockets, but we also live longer and our costs in retirement are higher,” Francis said, who is also a member of the CNBC Financial Advisor Council.
Francis advises her female clients to consider that at some point, “they are going to be on their own.”