Personal Finance | Why women invest less and make better returns

  • 📰 City_Press
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The gender pay gap and shorter work life may be the reasons, but women make better returns.

South Africa has significantly higher levels of female unemployment and around 50% of mothers are raising their children alone, with only around 20% receiving regular support from the father.A male friend of mine who works in the financial industry is very disparaging about the focus on women and money. He argues that money is gender neutral and speaking specifically to women is patronising. Strangely, I have never had that comment from a woman.

We have significantly higher levels of female unemployment and around 50% of mothers are raising their children alone, with only around 20% receiving regular support from the father.We are all told women need to save more for retirement, but the real issue is that women simply have less money than men for investing in their future.

If a woman only starts saving for retirement at age 40, she then needs to save 40% of her salary to meet a basic retirement income. And when women do invest, they outperform men – a study of 5 million Fidelity customers over a ten-year period found women investors achieved higher returns than men.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 7. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Personal Finance | Financial Stress is pushing South Africans to the brinkFrom Covid-19 to the cost of living crisis, research confirms that households are financially frazzled, writes Maya Fisher-French
Sumber: Fin24 - 🏆 21. / 63 Baca lebih lajut »

Cell C finance chief Lerato Pule quitsLess than a year after taking the reins from Zaf Mahomed, Cell C chief financial officer Lerato Pule has resigned.
Sumber: TechCentral - 🏆 8. / 71 Baca lebih lajut »

Nigeria's Tinubu appoints banker Olawale Edun as finance minister -presidencyNigeria's President Bola Tinubu appointed banker Olawale Edun as minister of finance and coordinating minister of the economy as he seeks to recalibrate Africa's biggest economy, a presidential spokesman said on Wednesday.
Sumber: ReutersAfrica - 🏆 31. / 53 Baca lebih lajut »