Financial Empowerment for Women

Aug 23, 2022

Since April 2020, $13 billion has been withdrawn by more than 1.7 million women from their retirement savings.

Of the 1.7 million women, more than 300,000 women emptied their accounts, which puts them at greater risk of poverty in retirement.

In retirement, women have a greater risk of:

Poverty
Being single
Living on the pension
No investments
No superannuation

Women are at a far greater risk of being single and poor in retirement than men.

Findings in the Women's Budget Statement 2022-23 released by the Australian Federal Government shows that in a National Financial Capability Survey, women did not perform as well on financial literacy, with women on average scoring 60 out of 100, while men scored 76.

In addition, only 36 per cent of women have a financial plan for retirement, compared to 55 per cent of men.

This has to change!!!

I am passionate about Financial Empowerment for Women. This involves women getting a financial education and planning for their future. None of us want to end up single and poor.

Financial Empowerment for Women

In retirement, women have a greater risk of:

Join me in a FREE webinar to find out about Financial Empowerment for Women.