Clipped Wings: Closing the Wealth Gap for Millennial Women
Type
Policy Brief or Report
Year
2019
Level
City or Town, County, National, State
State(s)
All States
Policy Areas
Civil Rights, Economic Justice
Asset Funders Network’s latest report, reveals the current economic reality for millennial women and the primary drivers contributing to their wealth inequities. This is the second in a series of publications that builds off AFN’s 2015 publication, Women & Wealth, exploring how the gender wealth gap impacts women.” Millennial women represent nearly a third of the female population in the U.S. yet they do not benefit from many economic policies and systems designed by and built to meet the needs of, men as primary breadwinners. Clipped Wings illustrates how despite important gains in college attendance rates and career opportunities, millennial women’s wealth lags behind that of men. The median wealth holdings of single millennial men are still 162% greater than single millennial women.