Finance

The One Where She Turns 40: Key Financial Milestones and Market Facts

Women turning 40 today control a growing share of global wealth, with studies showing female-led households accumulating assets at a faster rate than the general population over...

Mara Ellison
The One Where She Turns 40: Key Financial Milestones and Market Facts

Global Female Wealth Growth

Women turning 40 today control a growing share of global wealth, with studies showing female-led households accumulating assets at a faster rate than the general population over the past decade. According to recent reports from the Credit Suisse Global Wealth Report and McKinsey, women now account for roughly one-third of the world's total wealth, a share that continues to rise as more women enter senior roles and entrepreneurship. This shift is reshaping investment strategies, with a strong preference for long-term, values-driven portfolios. For more details on the latest wealth trends, see the Credit Suisse Global Wealth Report here.

Key Financial Milestones at Age 40

Turning 40 often coincides with peak earnings years, making it a critical inflection point for retirement savings, home equity, and investment diversification. Financial planners emphasize the importance of maximizing tax-advantaged accounts and reviewing insurance coverage at this stage. Data from the U.S. Bureau of Labor Statistics shows that median weekly earnings for women aged 40–44 are among the highest in their careers, though a persistent wage gap remains compared to men in the same bracket. For official labor data, visit the U.S. Bureau of Labor Statistics here.

Women in Corporate Leadership and Public Companies

Female CEOs and Board Representation

The number of women leading Fortune 500 companies has reached record levels, with several firms headed by women who are in or approaching their 40s, signaling a generational shift in corporate governance. As of the latest proxy season, women held approximately 10–12 percent of CEO roles at major U.S. public companies, a steady increase from a decade ago. Board diversity has also improved, with many companies adopting formal targets for gender representation. For current board composition data, see the SEC's EDGAR database here.

Notable Companies Founded or Led by Women in Their 40s

Several high-growth companies were founded or scaled by women in their 40s, leveraging prior industry experience and networks to build multi-billion-dollar enterprises. Examples include leaders in fintech, biotech, and consumer brands who have been recognized on Forbes' billionaires and most powerful women lists. These founders often prioritize sustainable growth and diverse hiring, reflecting broader trends in conscious capitalism. For profiles and rankings, see Forbes here.

Investment Strategies and Market Opportunities for Women at 40

Portfolio Allocation and Risk Management

At 40, many women shift toward a balanced allocation between equities, fixed income, and alternative investments, aiming to preserve capital while still capturing growth. Target-date funds and ESG-oriented funds have seen significant inflows from female investors, according to data from major asset managers and research firms. Diversification across geographies and sectors is increasingly common, with a focus on reducing volatility as retirement approaches. For fund flow data, see Morningstar here.

Women in their 40s are launching startups at higher rates, though they still receive a disproportionately small share of venture capital funding compared to male founders. Recent data from PitchBook and Crunchbase shows that all-female founding teams continue to raise a single-digit percentage of total venture dollars, despite strong performance metrics. Initiatives and funds focused on closing this gap

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