Let's meet at a Sleep Number store. .
>> ONE OF THE THINGS WE WORKED
ON FROM THE BEGINNING REALLY
HOW TO EMPOWER WOMEN, THAT IT
HALF OF THE POPULATION IS LEFT
OUT OF THE COUNTRY WHEN YOU
SEE A FAILED COUNTRY.
>> I AM HOPE THAT WHOLE TREND
STARTED NOW.
MAKING SURE THAT WOMEN AND MEN
THAT EVERYBODY IS INCLUDEDED A
LEADERSHIP IN LEADERSHIP.
DAGEN: FIRST LADY LAURA BUSH
SPEAKING EXCLUSIVELY TO MARIA
ALONGSIDE HER HUSBAND
PRESIDENTB AT BUSH
PRESIDENTIAL CENTER ABOUT
IMPORTANCE OF WOMEN THE TOP OF
THE CORPORATE LADDER A STUDY
SHEDDING LIGHT ON FINANCIAL
CONSEQUENCES OF INADEQUATELY
IN THE WORKPLACE ON AVERAGE
WOMEN ACCUMULATE MORE THAN A
MILLION-DOLLAR LESS WEALTH
THAN MEN IN THEIR LIFETIME,
THAT IS ACCORDING TO NEW
RESEARCH BY MERRILL LYNCH IN
PAPER WITH AGE WAVE JOINING ME
A FIRST ON FOX INTERVIEW
MERRILL HEAD OF RETIREMENT
PERSONAL WEALTH SOLUTIONS,
FROM MERRILL, AND ANGLING WAVE
COFOUNDER WE HAVE HEARD ABOUT
DEPEND PAY GAP THIS IS WEALTHY
GAP WHY DOES IT EXIST.
>> PAY GAP WE KNOW UP 82 CENTS
ON DOLLAR INTERESTING I THINK
MOST WOMEN RECOGNIZE THAT,
WHAT THEY DON'T APPRECIATE
THOUGH IS OVER THE JOURNEY OF
THEIR LIFE THERE IS LOTS OF
DISRUPTIONS IN THE WORKPLACE
MEANING COMING IN AND OUT OF
THE WORKFORCE I THINK YOU ARE
SEEING THAT 44%, THAT WOMEN
SPEND ACTUALLY 44% LESS TIME
IN WORKFORCE VERSUS MALE
COUNTERPARTS YOU WERE TALKING
ABOUT HOW THAT ADDS UP
OVERTIME.
>> YEAH -- SO TIME TAKE CARE
OF KIDS CARING FOR PARENTS,
AND IN-LAWS, CARE GIVING BY
WOMEN CARE FOR SPOUSE IF YOU
TAKE CAREER INTERRUPTIONS PUT
THEM TOGETHER SUDDENLY YOU SEE
PAY GAP THAT LIFETIME PAY GAP
CAN ACCUMULATE, AND COMPOUNDS
BY CAREER INTERRUPTION, WEALTH
GAP IS EARNING PLUS ANY KIND
OF 401(k) RETIREMENT VESTS
PERSONAL INVESTMENT BENEFITS
TAX ADVANTAGES WOMEN HAVE
LARGER WEALTH GAP THAN PAY
GAP.
>> PART IS TRUE BECAUSE WOMEN
ARE I ACTUALLY SAW A STAT THAT
WOMEN GOING BACK INTO
WORKFORCE AFTER TAKING TIME
OFF AUTOMATICALLY TAKE 20% PAY
CUT YOU TALK ABOUT WELT GAP
MIJDZ WOMEN DON'T INVEST LIKE
MEN DO ARE IN THVRZ ABOUT IT
UNCOMFORTABLE DOING IT.
>> I PREFER WORD PRACTICAL
VERSUS NERVOUS.
>> I THINK INTELLECTING 61% OF
WOMEN WOULD HAVE PREFERRED
TALKING ABOUT THEIR THAN
INVESTING NUMBER ONE REGRET
WHAT YOU SAID I WISH I VESTED
MORE.
AND SO I THINK THAT WHAT
HAPPENS IS MOST WOMEN FIRST OF
ALL, THEY LEARN BETTER ABOUT
INVESTING THAN WHEN SEATED
NEXT TO WOMAN FIRST THING WE
--
>> --
DAGEN: WE'VE GOT --
>> I AM CURIOUS THAT WE KNOW I
AM NO THE GOING TO TELL YOU
HOW TO DO IT I AM GOING TO
HAVE A CONVERSATION ABOUT HOW
I DO IT GOING TO SHARE RATHER
THAN TELL, SOMETHING THAT
WOMEN --
>> COMFORTABLE TO ASK
QUESTIONS IN FRONT OF EACH
OTHER YOU KNOW TO YOUR POINT
WHICH IS REALLY INTERESTING,
WHEN THEY DO BEGIN TO INVEST,
THEY WANT TO DO ALL THE DUE
DILIGENCE AND RESEARCH BEFORE
THEY BEGIN WE'RE SAYING JUST
BEGIN.
>> WITH INDEX FUNDS HELP SOLVE
THAT PUT MONEY IN --
>> I THINK, ANY INVESTMENT AT
THE END OF THE DAY IS WHAT
WE'RE SIGHING JUST BEGIN THINK
OVER YOUR LIFETIME WHAT YOU
WANT TO ACCOMPLISH PRIORITIES,
CONCERNS, SPEAKING IN A
WOMAN'S VOICE IS REALLY
IMPORTANT THAT WE FOUND TO
HAVE FOLKS COMFORTABLE TO
BEGIN INVESTING IT IS LESS
ABOUT UNDERLYING INVESTMENT
CHOICE.
>> BEFORE WE GO, ONE KEY TO
CLOSING NOT JUST PAY GAP BUT
WEALTHY GAP IS IT BASICALLY
TELLING MEN IN LIVES OKAY TIME
FOR YOU TO STEP UP TAKE CARE
OF THE PARENTS TIME FOR YOU I
AM NOT LEAVING MY JOB I MIGHT
GO IN MATERNITY LEAVE HAVE A
CHILD YOU TAKE TIME OFF FROM
WORK I AM NOT TAKING TIME FROM
FROM MY JOB IS THAT KEY MORE
FORCEFUL INSTRUCTION.
>> ONE THING WOMEN CAN DO 29%
OF ALL HOUSEHOLD ARE WOMEN TO
BE DOING THAT AND LION'S
DISAPPEAR CAR GIVING A LOT TO
ASK EVEN MEDIA PLAYS A ROLE AS
PART OF STUDY WE LOOKED AT
WOMEN'S MEDIA, WE LOOKED AT 17
TOP MAGAZINES WE WENT INTO THE
EDITORIAL CONTENT TO MONTH OF
MARCH WHAT WE SAW WAS 1594
PAGES OF EDITORIAL CONTENT
COVERING SEX BEAUTY, FASHION,
HOW TO MOVE YOUR CAREER
FORWARD, ONLY FIVE PAGES HAD
ANYTHING TO DO WITH PERSONAL
INVESTING, ANYTHING.
DAGEN: HERE IS MY TIP I KNOW
I AM TALKING A LOT ABOUT
MYSELF, BUT READ THE "THE WALL
STREET JOURNAL" AND DON'T BUY
VOGUE YOU KNOW WHAT VOGUE IS
NOT GOING TO MAKE YOU RICH
JUST MAKE YOU SENSITIVE TO
YOUR APPEARANCE.
>> FOLKS ARE.
>> AND FORBES HOW COULD I