Research shows that the Supreme Court's decision to overturn the abortion law could cause financial hardship for many women.
The decision of the court to end abortion rights allowed individual states to set their own laws, and nearly half are expected to outlaw or severely restrict abortion as a result.
Carolyn is a Jacksonville, Florida-based certified financial planner, physician and founder of Life Planning Partners.
Changes to the retirement system get approval from the Senate committee.
While wealthier women living in states with abortion bans may still travel for the procedure, those with less resources may not be able to.
Many of the women most affected already have children, according to an economics professor at the college.
There is a connection between women's access to abortion and economic opportunity.
The Supreme Court can't predict how the decision will affect women.
She pointed to the recent evidence from the Turnaway study, which tracked nearly 1000 women seeking an abortion at 30 clinics across the U.S. from 2008 to 2010.
She said that the women's finances were similar until that crucial moment when some of them were turned away for abortions. Years of financial hardship were caused by those who were denied an abortion and given birth.
There was an increase in household poverty for at least four years compared to those who received an abortion, and these women were more likely to lack the money to cover basic living expenses.
The study found that being denied an abortion lowered these women's credit scores, boosted their debt, and caused them to have bankruptcies and evictions.
If the right to abortion is banned nationwide, it will have a huge impact.
This is a big blow for women's rights and the economy.
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