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Financial and investing role models can play a key role in one's future financial success. According to new research, adults who had a relatable financial role model are more likely to own investments, have a retirement account, and feel confident about meeting their investment goals.
Unfortunately, less than 50% of American adults, particularly those from underrepresented identity groups, report having a financial role model growing up. What’s more, less than a third had a financial role model they could relate to (ie. they shared a racial or ethnic identity, ability status, gender, sexual orientation, or other social identity).
In line with our mission of making the world smarter, happier and richer, The Motley Fool launched the new Investors Like Me series to spotlight historically underrepresented investors, while working towards advancing a more representative and inclusive investing space – for all.
This ongoing interview series highlights the stories of successful investors of all different ages, genders, gender identities, races, ethnicities, sexual orientations, abilities, investing styles and more.
