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Special Report

Special Report: Women and Investing

We take a look at the challenges women face as investors and as members of the corporate world--and celebrate their victories.

International Women's Day is March 8. It's the perfect time to revisit the numbers about women and retirement preparedness--and they're sobering. 

  • The estimated lifetime earnings of a woman with a bachelor’s degree are just 60% of the estimated lifetime earnings of her male counterpart.
  • Adult daughters are twice as likely as adult sons to be the informal long-term caregivers of one or more parents. 
  • The average annual Social Security benefit collected by a 65-year-old woman is 20% less than the annual benefit collected by a 65-year-old man.
  • Women in the United States, on average, live about five years longer than men.

When it comes to gender diversity in the corporate world, the numbers also suggest that women are shortchanged.

  • Only 14% of fund managers globally are women, and the figure is even lower in the U.S.
  • 22% of the directors of companies in the Morningstar US Market TR USD index are female.

This special report examines women and investing today. We dig into why women risk a retirement shortfall, discuss how great that risk really is, and suggest what women can do to improve their retirement outcomes. We also share our latest findings on gender diversity in the corporate world and in the fund industry. And we celebrate the achievements of women by sharing high-quality companies and funds run by women.

Women and Retirement Preparedness
75 Must Know Statistics About Women and Retirement
Lower lifetime earnings and longer life expectancies paint a troubling picture about the state of women's retirement preparedness. 

5 Steps Women Can Take to Improve Their Retirement Readiness
The data are sobering about women's retirement preparedness, but being pre-emptive can help stave off a shortfall. 

What a Longer Life Expectancy Means for Women in Retirement
Cindy Hounsell of the Women's Institute for a Secure Retirement thinks women should consider delaying Social Security, working longer, and more.

Women Still Lag Men in Retirement Saving. Why?
Judith Ward from T. Rowe Price discusses new research on retirement preparedness by gender and generation.

Women, Marriage, and Retirement Risk
Mark Miller unpacks a new study's surprising findings: Married women face more risk in retirement than single women.

Strategies for Women to Bridge a Retirement Shortfall
Nancy Coutu discusses the unique challenges women face as investors and offers tips to help manage a shortfall.

Women in Investing: Morningstar's View
Morningstar has combed its databases and analyzed the numbers. Here's where women stand in the industry today.

Gender Diversity in the Corporate World
Gender and Diversity a Larger Factor in Corporate Boards
Corporate boards are paying more attention to diversity, but the percentage of female fund managers continues to stall.

Increasing Signs of Gender Diversity on Corporate Boards
In 2000, women represented 8.7% of executive officer roles for companies in the Morningstar US Market Index. This figure rose to 12.8% in 2010 and 15.8% in 2018.

10 Undervalued Companies That Empower Women
These bargain stocks have demonstrated their commitment to gender equality.

12 Standout Funds Managed by Women
These highly-rated mutual funds make good portfolio building blocks.

8 Standout Companies Run by Women
These firms have carved out economic moats and are led by female CEOs.

5 Lessons from the 'Witch' of Wall Street
The best advice is often timeless.

Gender-Diversity Funds: How Strong Are Their Intentions?
A closer look at the voting records of funds focused on gender diversity.

Is There Gender Bias in Financial Advice?
How advisors can recognize and avoid gender bias in practice.