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The truth is, if you are a woman saving 10% of your income for retirement, and you put it in the bank account, your chances of retiring well - living on 90% of your pre-retirement income for your full life - is 0%.

Sallie Krawcheck

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Sallie Krawcheck
Age: 59
Born: 1964
Born: November 28
Businessperson
Businesswoman
Charleston
South Carolina
Woman
Retirement
Living
Bank
Truth
Account
Wells
Saving
Well
Accounts
Life
Income
Full
Retiring
Chance
Chances

More quotes by Sallie Krawcheck

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A computer can have so much more in its brain that a human can.
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As we work together and pool our resources, there's room for everyone to be successful.
Sallie Krawcheck
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Networking is the No. 1 unwritten rule of success in business.
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Women tend to live longer than men do. Women tend to have, unfortunately, their salaries peaked sooner than men's do. Both of these things are extraordinarily important in putting together financial and investing plans for women.
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You have six math Ph.D. Caucasian gentlemen from the Northeast of the country, great. You put one more in the mix, you haven't added much. It's only when you add something different that you really are able to accomplish more.
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There is absolutely nothing that beats hard work.
Sallie Krawcheck
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I'm really putting my life towards helping women to invest, and there's a circular reference here because if women can invest and give themselves the opportunity to earn higher returns, they can start those businesses. They can go to work with a little more confidence to ask for that promotion, to ask for the new assignment, etc.
Sallie Krawcheck
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How about mandated parental leave.? Oh, okay. Less than 20% of companies in America have it. Most of them think about it as an expense. What's the bigger expense? The bigger expense occurs if women have babies and don't come back to work.
Sallie Krawcheck
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When I started on Wall Street, there was pretty good diversity in those junior ranks. And you know what? It hasn't made it to the top.
Sallie Krawcheck
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I want to buy a house. I want to retire well. I want to have baby.
Sallie Krawcheck
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Greater diversity drives better business results.
Sallie Krawcheck
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Companies that put a mandated parental leave in place save money in the first year, FIRST YEAR. Because they don't have to hire to replace the woman.
Sallie Krawcheck
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Nothing bad happens when women are in positions of power.
Sallie Krawcheck
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Women tell us that they do feel patronized. They do feel like they don't have the time and the space to have their questions answered.
Sallie Krawcheck
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If a woman waits 10 years to invest, I'm busy, I've got to do this, I can put it off, I gotta find the right financial... It costs her $100 a day. $100 a day! And if we had money falling out of her pocketbook at the rate of $100 a day, we'd change our pocketbook we'd fix our pocketbook.
Sallie Krawcheck
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If you haven't had a major fail in your career - face-plant level - you aren't trying hard enough.
Sallie Krawcheck
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I prefer the word engagement. Instead of empowerment, it's enabling women to engage in business.
Sallie Krawcheck
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People say to me, 'Has being a woman helped or hindered your career?' And the answer is yes.
Sallie Krawcheck
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If a woman is making $85,000 a year, putting aside 20% of her income, putting it in a bank, earning very little...Over the course of her life vs. investing, this can cost her $1.5 million, $2 million, $2.5 million. Life changing amounts.
Sallie Krawcheck
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Women, girls and young ladies tend to be as good or better at math than boys, but you didn't think that either.
Sallie Krawcheck