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Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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Female Drivers by the Numbers

University of Michigan Transportation Research Institute studies driving number and duration for male and female drivers.

| BY Kent McDill

There was a time, many decades ago, when men drove cars and women road in cars.  

Today, men drive cars and women drive more cars. Eventually, there will be a time when women drive more cars more often than men drive their cars.

The University of Michigan Transportation Research Institute has determined that, eight years past the day when females outnumbered males on the road in the United States, females are now catching up with men in terms of the amount of time they spend on the road.

Using data from the Federal Highway Administration, the UMTRI determined that in 2013, females constituted 50.5 percent of all drivers on the road eight years after passing men for total number of drivers in 2005. In 1963, women represented just 39.6 percent of all drivers.

While female drivers constitute a majority of drivers, they do not access the road as often as men do. When examining drivers by gender and the average manual distance driven by gender, it was revealed that men occupy 59.2 percent of the driving time, to just 40.8 percent for women by 2013. In 1963, men occupied 76.2 percent of all time on the roads.

Women have nearly doubled the amount of miles they drive since in a 40-year stretch studied from 1969 to 2009. In 1969, women averaged 5,411 miles, but in 2009 women averaged 10,244, nearly double their 1969 involvement.

Men increased their travel too but not as much from a percentage basis, from 11,352 in 1969 to 15,103 in 2009.

Study author Michael Sivak noted in an earlier study that there are gender trends in driving that have impact on the industry. Females are more likely to purchase smaller cars with a higher safety rating, and more fuel-efficient vehicles. An increase in female driving will impact vehicle demand, energy consumption and road safety numbers.

 



About the Author


Kent McDill

kmcdill@spectrem.com

Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.

In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.

McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.

McDill is the father of four children, and an active fan of soccer, Jimmy  Buffett and all things Disney.