• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

2

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Successwork-life balance

Wall Street titan admits she allocates 30% of her time to her kids because ‘work-life balance is a lie’

Orianna Rosa Royle
By
Orianna Rosa Royle
Orianna Rosa Royle
Associate Editor, Success
Down Arrow Button Icon
Orianna Rosa Royle
By
Orianna Rosa Royle
Orianna Rosa Royle
Associate Editor, Success
Down Arrow Button Icon
October 8, 2024, 6:32 AM ET
Photo of Thasunda Brown Duckett
“Work-life balance is a lie because I was trying to reconcile it, and the math wasn’t mathing,” says Thasunda Brown Duckett, president and CEO of TIAA.Jeenah Moon—Bloomberg via Getty Images
Add Fortune on Google for similar content.

“Work-life balance is a lie,” according to Thasunda Brown Duckett, president and CEO of the Fortune 500 financial services company TIAA, and she thinks she’s a better mom for giving up trying to give her children 100% of her time.

The Wall Street titan recalled the light bulb moment came after breaking down in tears when another long day at work meant missing out on seeing her children that evening.

“I called my husband and I was like, when I get up in the morning, I don’t see my kids,” Duckett told LinkedIn News. “When I get home, I don’t see my kids.”

Her husband, who’s an engineer, Marine, and a stay-at-home dad, advised her to simply quit her job. Instead, she said she quit striving to do and be everything, all of the time.

“Here’s what I learned: Work-life balance is a lie because I was trying to reconcile it, and the math wasn’t mathing,” Duckett explained.

“The truth is I only have 100% of me, not 110%. Understanding that I am not 100% allocated to being a mom, they only get 30%, allows me to be more intentional…So my children don’t get 100% of all of me. But within that allocation, they get 100%.” 

Fortune has reached out to Duckett for comment. 

Work-life balance as a diversified portfolio

Instead of simultaneously trying to devote 100% of herself to motherhood and 100% to being the boss of a $45-billion-a-year financial firm, Duckett said that she tries to think of the time she has like a diversified portfolio.

“If you live your life like a diversified portfolio, just like with your money, over time you will outperform,” she explained.

“On any given day, I may not feel like I’m the best mommy when I’m traveling. There’s days I don’t feel like I’m a great CEO. There’s moments I don’t feel like I’m a great daughter,” she added. “But over time, I’m a really good mom. And over time, I believe that I’m in purpose as a leader and I’m doing a great job.”

She’s not the first to admit that it’s impossible to give motherhood and a bustling career equal attention—and thrive in both roles.

Whoopi Goldberg has even candidly admitted that it ultimately meant she had to choose her career over her child. Meanwhile, the pop star Lily Allen revealed on a podcast that having children “totally ruined” her career.

Holly Wilbanks, the founder of the Wilbanks Consulting Group, echoed that idea earlier this year to CBS News: “The concept that we can do it all, I think many of us have realized, is not a realistic concept.

“Instead, what women today are trying to do is figure out what’s important to them, what they value, and how they can structure their focus and their time around those things—and quite frankly, for a lot of women, that means making choices.”

Wall Street veteran Sallie Krawcheck similarly outlined that she’s had to be thoughtful about how she invests her time as a mother and CEO.

“There were times in my life when I just went, ‘Go, go, go, go’ with the career, and did a perfectly adequate job as a mom,” the founder and CEO of Ellevest said. “But [I] was not that perfect mom with the homemade cookies.” 

Likewise, Krawcheck said, “there were times in my life where my kids needed me when the career took the back seat.”

The myth of ‘having it all’ 

It was Cosmopolitan magazine that came up with the “You can have it all” mantra—the corner office, children in tow, and not a hair out of place. 

But even its former editor-in-chief admitted that not only is that unrealistic, it’s also a “very dangerous” norm to perpetuate. 

“You can’t do it all properly, all at the same time,” Farrah Storr said when she was still at the helm of the women’s title.

“I decided not to have children—I just didn’t think I could do my job with kids in tow—and that’s been a huge personal sacrifice.”

If even those with huge incomes to chuck at childcare are admitting it’s hard to excel at both motherhood and work at the same time, then what hope does the regular working mom have?

About a quarter of a million mothers in Britain have left their jobs in recent years because of the difficulty of juggling a career and childcare, according to the Fawcett Society. 

Meanwhile, women who do remain in the workforce after having children are financially punished: Mothers experience a 60% drop in earnings compared to fathers in the decade following the birth of a first child, according to PwC. 

Over 40% of the mothers the Fawcett Society surveyed had turned down a promotion or career development opportunity because they worried it would not fit with childcare arrangements. 

Men, on the other hand, see their pay increase after becoming fathers.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
Orianna Rosa Royle
By Orianna Rosa RoyleAssociate Editor, Success
Instagram iconLinkedIn iconTwitter icon

Orianna Rosa Royle is the Success associate editor at Fortune, overseeing careers, leadership, and company culture coverage. She was previously the senior reporter at Management Today, Britain's longest-running publication for CEOs. 

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Success

woman yellow shirt standing in front of ring light
SuccessSocial Media
Influencer marketing isn’t an experiment anymore as companies expand their creator advertising budgets
By Tatiana SatauaJuly 24, 2026
8 hours ago
lebron
Arts & EntertainmentSports
LeBron James, the only billionaire currently active in the NBA, signs a minimum contract with the Philadelphia 76ers
By Catherina GioinoJuly 24, 2026
11 hours ago
Wealthy man in car
SuccessMillionaires
120 millionaires have signed a letter begging the British government to tax them more: ‘We can afford it’
By Emma BurleighJuly 24, 2026
12 hours ago
This CEO once bought a bankrupt furniture company for $80,000. At 95, he’s now given away millions
Successphilanthropy
This CEO once bought a bankrupt furniture company for $80,000. At 95, he’s now given away millions
By Sydney LakeJuly 24, 2026
12 hours ago
nyse
CommentaryEconomics
AI doesn’t end scarcity. It relocates it
By François Candelon, Paul-Louis Andres and Augustin ManchonJuly 24, 2026
18 hours ago
Amazon founder Jeff Bezos
SuccessBillionaires
Amazon’s Jeff Bezos could be the latest American billionaire to buy into European soccer clubs—he’s eyeing up a stake in Liverpool FC
By Emma BurleighJuly 23, 2026
1 day ago

Most Popular

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 days ago
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
20 hours ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
2 days ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
2 days ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
18 hours ago
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
AI
Turns out Dead Internet Theory was right: AI agents are eating the Web, growing by nearly 8,000% and rewiring the Internet's business model
By Mia OsmonbekovJuly 23, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.