FINP042.docx
It’s a well-documented fact that when it comes to money, women earn less; however there are other financial differences between the genders. This article discusses some key issues women face when it comes to money (income, super, insurance, living alone) and then focuses on retirement planning. It uses an example to calculate how the choices of a 35-year-old female professional can affect her retirement savings.
Recent decades have seen huge gains made in the financial empowerment of women. However complete financial equality won’t happen soon and in some cases may be unattainable. So what are the areas where women lag financially, and when it comes to retirement planning, what can be done?
4 key issues
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