The wealth transfer from baby boomers mostly benefits women

Recent trends show that as male baby boomers die, their assets are left to their (typically younger) wives. This leads to a shift in the demographics that control wealth in the United States. The rising financial power of women underscores the need to increase representation and knowledge among girls, ensuring they have the tools to continue asserting their influence in a growing society.

Key Points:

• CEE’s Invest in Girls initiative has been recognized as a key step in increasing representation and, consequently, confidence in girls who aspire to enter the industry.
• Even female professionals express a need for skill development, highlighting the benefits of early intervention through childhood education.
• When women receive the opportunity to educate and empower themselves, they not only build confidence and agency but also benefit the industry in which they contribute.

About the Council for Economic Education

The Council for Economic Education’s (CEE’s) mission is to equip K–12 students with the tools and knowledge of personal finance and economics so that they can make better decisions for themselves, their families, and their communities, and learn to successfully navigate in our ever-changing economy. We carry out our mission in three ways.  We advocate to require financial and economic education in every state. We provide training, tools and resources – online and live through over 180 affiliates nationwide – to more than 40,000 teachers annually who in turn bring the highest quality economics and personal finance instruction to over 4 million students. We deepen knowledge and introduce high school students to critical career capabilities through our national competitions and Invest in Girls program.

Media contact: 

CEE: press@councilforeconed.org