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Retirement

Women on the Rise

Women on the Rise Conquering: Unique Retirement Challenges. Financial success is a goal for many, but women face unique barriers that can make that goal more difficult to achieve. Understanding today’s financial landscape can help women rise to the challenge, know their worth, and take control of their futures.Daunting Realities. Although history has seen some significant progress for women over the last century, there’s still a long way to go toward financial equality. Women make 83.6 cents for every dollar their male counterparts make in a similar job. (1) The average Social Security retired worker benefit for women is $20,562 per year, compared with $25,277 for men. (2) 57% of women feel they are behind where they should be with their retirement savings. (3)Enormous Potential. The truth is, women wield a huge amount of influence over the economy, and their impact is only likely to grow. Women are expected to inherit $30 trillion in financial assets by 2030. (3) 41% of small businesses that employ people are operated by women. (5) Women hold 29% of C-Suite positions in corporate America, up from 17% in 2015. (4)Increasing Impact. The numbers don’t lie: more women are successfully founding and leading businesses than ever, with impressive results. In 2024, 49% of all new U.S. businesses were started by women—a record high. (6) In 2024, 52 Fortune 500 companies were run by women. (6) Women own over 12+ million businesses and employ over 10+ million Americans. (6)Support for the Journey Many women report having strong relationships with their financial professionals. In fact, 70% of women say they would refer their financial rpfessional to a friend or relative. Whatever your financial needs, we're here to help (7).Sources: 1. BLS.gov, August 13, 2025; 2. SSA.gov, 2025; 3. Bankrate.com, March 26, 2024; 4. Chief.com, September 17, 2024; 5. DemandSage.com, May 31, 2025; 6. University of Kansas School of Business, July 22, 2025; 7. ML.com, August 13, 2025
 

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Latest Blog Post

August Market Update

August 06, 2026

LPL Research unveiled the second half of 2026 began with investors facing no shortage of uncertainty, from the Iran conflict and higher oil prices to ongoing questions surrounding potential payoffs from massive AI investment.

Office Closure: August 10–14, 2026

August 03, 2026

Office closed August 10–14, 2026 as we attend LPL Financial’s Focus event to learn new technology, best practices, and ways to enhance the value we deliver to your financial plans. For transactions, email info@tortugafinancial.com.

July Market Update

July 06, 2026

LPL Research unveiled as the weather heated up last month, the stock market cooled a bit, and investors took profits on some of their technology winners.

 

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299 Camino Gardens Blvd Suite 301, Boca Raton, FL 33432

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Featured Team Member

Mike Maynes, CFP®

Since 1997, Mike has firmly established his place in the Boca Raton community.  His love of scuba diving led him to found his financial planning firm Tortuga Financial. Mike has developed and refined a process called The Checklist Formula™.

Ariana Salcedo

Ariana joined the Tortuga Financial team in May of 2024. She is a native Floridian, student, reader, and just isn’t willing to give up her car as it’s vital to her day-to-day functions. As a Client Service Associate, she handles a...

Benny Maynes

Benny started his life as "Bear" in March of 2021 somewhere in Palm Beach county.  In 2022, he was seized by Palm Beach County due to poor living conditions and his owner officially surrendered him to the county.  While at...

Daphne Hollins

Daphne joined the Tortuga Financial team in November of 2024. She was born and raised in Brooklyn, NY and the northern New Jersey suburbs. Daphne and her husband relocated to the sunshine state in 2020. She considers her grandparents...

Madalynn joined the Tortuga Financial team in August of 2025. She is originally from Mount Laurel, NJ and attends Florida Atlantic University, with a goal of remaining in Boca Raton after graduation. One can describe Madalynn as...

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The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG Suite to provide information on a topic that may be of interest. FMG Suite is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

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