According to TransAmerica Center for Retirement Studies, less than 70% of U.S. women are investing money for retirement, compared to 81% of men. Of those who are investing, the median household retirement savings for women is just $23,000 compared to $76,000 among men. On average, women live longer than men and that means they must provide for more years in retirement than their male counterparts. In this episode, we focus on the basics of the most popular retirement options – 401ks and IRAs.
042. Financial Feminists with Amelia Hruby
Money is an issue for women. We have to overcome hurdles like the pay gap, the investing gap, and the pink tax. So why do financial matters tend to be more of a slow burn for feminists? Amelia Hruby is a feminist writer, educator and podcaster here to talk with us about what it means to be a financial feminist.
041. Talking Benefits with Emily Kaufmann
Corporate benefits can tell you a lot about a company’s culture. They can also be confusing! Human Resource generalist, Emily Kaufmann, joins The 411k to talk about all things benefits – negotiating them, making selections, and working with HR professionals to make the most the benefits your company subscribes to.
040. Sponsorship with Joyce Johnson
83% of women report having at least one mentor in their careers, compared to 76% of men. In fact, 21% of women report having four or more mentors, whereas just 15% of men report having that many. HOWEVER men are 46% more likely than women to have a sponsor. WHY IS THAT? In this episode, we explore sponsorship with Joyce Johnson, a speaker, business consultant, sales champion, and 6x author. According to Joyce, it’s all about the PIE – Performance, Image and Exposure.
039. Poor Little Rich Girl Money Missteps
AJ Wolbrum was always the poor little rich girl growing up in Manhattan. In this episode, she shares the missteps and triumphs in her money journey. AJ traveled the world but couldn’t hide from her debts. Now, as a Financial Freedom Coach and the founder of Beyond The Green Coaching. AJ uses a unique method of personal development and strategic financial planning to help clients understand their finances and change their relationship with money.
038. C-Suite Decisions with Kelsey Habich
In this episode, we talk about the tough decisions made in the C-Suite including furloughs, promotions, change management and more. Kelsey Habich is the Chief People Officer managing talent acquisition, human resources, talent management, employee branding, employee programs & initiatives & executive leadership for a technology company in the commercial & government sector.
037. Healthy Financials and Healthy Births
GUEST: OLIVIA FRIEL
Olivia Friel is a mama, birth and postpartum doula, and a holistic pregnancy consultant. She is the founder of Healthy Balanced Birth, a platform for expectant mothers, partners, new parents, and birth professionals. She provides her clients with information about pregnancy, birth, postpartum, and parenthood that is specifically catered to their individual needs. She is also the voice behind the Healthy Balanced Birth and Beyond Podcast – a safe space dedicated to sharing stories and resources about everything within the birth space, specifically topics that are not talked about enough.
KEY TAKEAWAYS:
Note: These numbers are averages as of August 2020 and vary by state and hospital.
Having a baby in Massachusetts on averages costs:
Vaginal birth with insurance: $7,741.64
Vaginal birth without insurance: $14,549.03
C-section with insurance: $11,012.54
C-section without insurance: $19,879.60
Hospitals generally charge more! On average, hospitals charge $15,000 for vaginal delivery and $30,000 for a c-section!
Home births range from $1,500 to $3,000 paid directly to the midwife.
On average, other expenses including supplies, labs and doula can add on an additional $2,000. An epidural costs on average $2,100.
Prenatal Testing such as ultasounds cost on average $280. CVS testing for abnormalities and chorionic villus sampling can cost $1,300 to $4,800. For high risk pregnancies, amniocentesis can cost $1,000 to $7,200.
