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Women not saving enough for pensions

 
 
Badboy
 
Reply Wed 8 Sep, 2004 06:51 am
It appears that women are not saving enough for retirement,meaning they retire in more poverty than men.

Guardian;8 september 2004.
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DKay
 
  1  
Reply Wed 8 Sep, 2004 10:05 am
The Economist:

"Historically, women tend to have chosen jobs traditionally associated with lower rates of pay due to a higher volume of workers being available in those professions e.g. workers requiring part time employment commitments."

Maybe the above is the reason why.

Some women are executives earning millions... but on average perhaps women do not have sufficient income to support a pensions scheme or savings plan as they have the running of a household or a child to look after as sexist as that may sound (but is still often the case today).
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Badboy
 
  1  
Reply Thu 9 Sep, 2004 07:43 am
Women not saving enough for pension
Essentially,that is what the Guardian article said.
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DKay
 
  1  
Reply Thu 9 Sep, 2004 09:43 am
Excellent, that must be the reason then!
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