She should invest in mostly stocks when she is younger and slowly put it in more conservative things as she grows older such as bonds. If a women has children she should put more money in a retirement fund such as an IRA than a college savings account until the IRA is fully funded. College can be funded with things like scholarships and student loans, but retirement must come from a woman’s own pocket.

If the workplace has a retirement fund that can be matched, this is not to be passed up. The match is essentially free money that the company is giving her. Fund the retirement fund up until the match, then place the rest of money that is going towards retirement into an after-tax fund.