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ArticleRethinking 65: Teach Women to Think for Themselves: Altfest

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As part of that effort, give women clients more credit for what they can do and adjust how you think about them, says a leading advisor.

By Karen Caplan Altfest | Rethinking65

Truth to tell, women have long been on my mind — I grew up in a somewhat traditional household in a very traditional city, wondering why sons were often more favored than daughters.

Nowhere did this seem more true than in educational opportunities. Young men could pursue any career; young women were expected to marry, run a household, and be caring mothers to their children. Their “careers” were foretold and foreshortened when they wed.

Women were not celebrated when they pursued what were thought to be “male” careers. One woman I met years ago went to law school and was the only woman in her class. She was jeered and laughed at and discouraged from speaking up in class. As far as I know, after graduating she never sought a job in the profession she trained for, but stayed in her parents’ home, not working, well into her adult years.

 

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Investment advisory services provided by Altfest Personal Wealth Management (“APWM”). All written content on this site is for information purposes only. Opinions expressed herein are solely those of APWM, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful.

Karen Altfest
Karen C. Altfest, CFP, Ph.D
Executive Vice President at Altfest Personal Wealth Management | View All Posts

Karen helps many of the firm’s clients on a variety of investment and financial planning issues, and specializes in helping women clients and widows. Karen’s Financially Savvy Woman® programs, including the Women’s Financial $pa®, are popular with clients. Her focus is to educate and empower women.

Karen is frequently a speaker on the subject of women and money, and conducts educational seminars for recent widows and people looking to retire.  Karen is a graduate of McGill University in Montreal, holds BA and MA degrees from Hunter College, and holds the CFP® designation. Karen received her Ph.D. in history from the Graduate Center of the City University of New York (CUNY).

She was the Co-Director of the Financial Planning and Investments Program at The New School in New York City and the Coordinator of the Financial Planning program, a professional program for financial planners, which she originated at Pace University in White Plains, N.Y.

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