Sharon Oberlander, a wealth management advisor with Merrill Lynch and long-time mentor to women entrepreneurs and executives, shares her thoughts on what women in business should know about investing, retirement and personal finance.

While the economy generally grew at a slow pace in 2016, employment in women-owned firms continued to increase according to the National Women’s Business Council. In fact, women-owned businesses are expected to create one-third of the 15.3 million projected new jobs by 2018. What women entrepreneurs do with their wealth will have a lasting effect on both economic growth and societal norms.