Prepare for a changing job market
More than 86 percent of working women are worried about the impact of obsolete careers and declining earnings on their financial success, according to the Women of Wealth report.
Give yourself a financial cushion against potential layoffs, cutbacks and other career upheavals by taking advantage of all the benefit plans your current employer offers, Ettinger says.
Consulting with a financial planner can help you analyze workplace decisions and negotiations, such as how to ask for additional compensation when your responsibilities increase. A planner may also be able to help with evaluating new job offers and benefit packages.
"We've got to help women understand what their worth is in the marketplace and help them negotiate for that," Ettinger says.
Scharr-Bykowksy urges women who have been out of the workforce raising children or taking care of elderly family members to be prepared for change, too.
"They need to make sure that they're still investing some energy in their human capital, by taking classes or doing volunteer work, so they can get a job in the workforce if they need to," Scharr-Bykowsky says.