Fidelity Investments discovered something about women investors during the ongoing global pandemic.
Since March 2020, more women began investing, or they increased their investments beyond retirement accounts. One in five women invested in a new asset class, such as cryptocurrency, individual stocks and/or bonds, or ESG (environmental, social and corporate governance) funds.
They’re seeing results, as well. According to a 2021 Fidelity report, women’s funds outperformed the funds of their male counterparts.
Inform to Invest
As women get more proactive about investing, Fidelity and TIAA, U-M’s approved partners in its retirement savings plans, are offering assistance. During Women’s History Month from March 1-31, Fidelity and TIAA will host several free webinars for women at all levels of investing:
Fidelity
Throughout the month, guest speakers such as Farnoosh Torabi (editor-at-large, CNET, So Money), Erin Lowry (Broke Millennial), Tori Dunlap (Her First $100K), Cate Luzio (Luminary), and Claire Wasserman (Ladies Get Paid) will join conversations that can help you turn smart money habits into savvy investing.
- Tuesday, March 8 – 1 p.m.
Money Moves to Supercharge Financial Wellness - Wednesday, March 16 – 1 p.m.
Money Moves and Healthy Habits to Raise Your Investing Game - Monday, March 21 – noon and 4 p.m.
Steps for Making Your Money Work Harder - Thursday, March 31 – 1 p.m.
Money Moves to Maximize Your Career
TIAA
- Wednesday, March 9 – noon
Halfway There: A Retirement Check Up - Thursday, March 17 – 4 p.m.
Money at Work 1: Foundations of Investing - Tuesday, March 22 – 1 p.m.
Help Protect You, Your Family and Your Money - Thursday, March 24 – 3 p.m.
Charting Your Course: A Financial Guide for Women
TIAA also has connected with members of the WNBA to fight retirement inequity. According to TIAA, even 50 years after Title IX was enacted, women retire with 30 percent less income than men. Watch the video below to help jump-start retirement planning early in your career:
Follow TIAA's #retireinequality campaign during Women's History Month.
Get an Investment Checkup
For more information about Women’s History Month events, or to schedule a one-on-one meeting to discuss your Basic Retirement Plan or additional U-M Retirement Savings Plans, contact Fidelity and TIAA directly:
- Visit Fidelity's scheduling page or call (800) 642-7131, weekdays from 8 a.m. to midnight
- Visit TIAA's website or call (800) 732-8353, weekdays from 8 a.m. to 10 p.m.