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Women's discretionary spending has outpaced men's by 20 basis points over the past two years, empowering women to "support a lot of the economic growth over the last few years," Bank of America Institute economist Taylor Bowley tells Wealth. With the 2025 tax season now officially underway, H&R Block's (HRB) Tax Institute head and vice president Andy Philips highlights three changes that filers need to know. The Yahoo Finance team examines how to optimize your retirement portfolio for older investors after a 79-year-old viewer reached out to Yahoo Finance columnist Kerry Hannon seeking guidance on retirement investment strategies. Yahoo Finance’s Wealth helps you manage your financial life from retirement planning to preparing your taxes. Find this and other episodes of Wealth at https://finance.yahoo.com/videos/series/wealth/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Yahoo Finance's Wealth is hosted by Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices
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