For many women in their late 40s to early 60s, life is shifting. Children are growing up or leaving home, careers are evolving, and there’s a deepening desire for more freedom—more time to travel, explore new interests, or simply breathe without a packed calendar. But flexibility doesn’t just happen. It takes thoughtful planning, especially when it comes to your finances.

I taught Susan about inflation, which silently erodes the purchasing power of money. We also discussed other risks including longevity risk—the possibility of outliving her savings. I explained how a diversified portfolio, including moderate-risk products like ETFs, could provide better long-term growth and protection against these risks.

Women are natural community builders. Yet, when it comes to finances, many women hesitate to discuss their goals, challenges, and strategies. That needs to change.

By creating strong financial support networks, women can help each other gain confidence, knowledge, and financial security.

As baby boomers age, the world is on the brink of witnessing one of the most significant wealth transfers in history. An estimated $30 trillion is set to change hands, ushering in a new era of inheritance and financial legacy. What makes this transition even more noteworthy is the pivotal role women are poised to play in this monumental exchange.