Woman and your own account: they should belong together – the reality is often different. Two experts give tips on how you can better protect yourself as a woman and prevent poverty in old age. As a woman, you also need to have the confidence to build wealth; you have to know the opportunities and risks.
Last year, women who worked full-time earned 18.8 percent less than men in the same job. This not only means a lower income, but also little room for wealth creation and a lower pension, which can lead to poverty in old age. Andrea Jobst-Hausleithner of the Autonomous Women’s Center Linz cites “collapses in employment and financial dependence on the partner” as major financial pitfalls for women.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
