Too many women still let husbands make important financial decisions

Fully 56% of married women still leave major investing and financial planning decisions to their husband, according  “Own Your Worth,” a report from UBS Global Wealth Management.
Why is this a concern?
The divorce rate for ages 50+ has doubled since 1990
Women live about 5 years longer than men (and often marry older men)
Women are much more likely than men to experience poverty in old age or a steep reduction in their level of living after death of spouse or divorce
You'd think the situation would be better for young er women but UBS reports that 61% of millennial women let their husbands make the couple's investment decisions!
Women who fail to take responsibility for their long term financial future by abdicating decisions to their husbands often experience a rude shock after divorce or death of their spouse.
Read: Rise of ‘Gray’ Divorce Forces Financial Reckoning After 50 by Suzanne Wooley at;
https://www.bloomberg.com/news/articles/2018-04-13/rise-of-gray-divorce-forces-financial-reckoning-after-50

• Read "Own your worth—How women can break the cycle of abdication and take control of their wealth"