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43% of Americans with more than 0,000 in assets are female – Over the next decade, women will control two thirds of consumer wealth in the United States and be the beneficiaries of the largest transference of wealth in our country’s history. Many Boomer women will experience a double inheritance windfall, from both parents and husband.
The Boomer woman is a consumer that luxury brands want to resonate with.
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They can not only stay in touch with family and friends but actually continue to pursue their careers while traveling. Of the 743 women of wealth interviewed with at least million in investable assets, 61.2% accumulated their fortunes through corporate employment, their own or a family business or a professional practice.Only 38.8% of the women had married into or inherited their money.– The more mature luxury consumer places the highest priority in making memories and experiences.
They don’t buy things to have more things; they want the experience to go along with it.
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