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Wealth advice for women: delaying having children will boost your pay by 9 per cent per year

The link between parenting and pay has been demonstrated in a study that shows postponing motherhood leads to an increase in women’s earnings of 9% per year of delay, according to Amalia R. Miller of the University of Virginia. As you might expect, the wage advantage was largest for college-educated women who have the potential to climb the corporate ladder before career interruptions hit.

The study found that motherhood delay leads to a substantial increase in earnings of 9% per year of delay, an increase in wages of 3%, and an increase in work hours of 6%.

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"The only moment we ever really have is this one - celebrate it. Happiness isn't in the future or the past but in the awareness of the present." - Anna McPhee

Anna's words are how she lived her life. She has been an amazing inspiration, a wonderful support, a gracious mentor to me throughout my career. So many of us counted her as a girlfriend to look up to, and her legacy will live on in the many women she has inspired to live their very best life.

I will miss her.

Sending condolences to Reggie, Anna's beautiful mum Trish and adoring sisters, and all of her extended family.

Vale Anna Marsali McPhee (1970 - 2017)
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