'A Husband is Not a Retirement Plan': Achieving Economic Security for Women in Retirement Women, particularly single women, are at greater risk of experiencing poverty, housing stress, and homelessness in retirement than men are. Though this problem is influenced by many factors, essentially it's due to the fact that women and men experience work very differently. This report presents the findings and recommendations of a government inquiry into economic security for women in retirement. The inquiry investigated the impact of inadequate superannuation savings on retirement outcomes; the extent, causes, and drivers of the gender retirement income gap; structural impediments in the superannuation system; the adequacy of the main sources of retirement income; and what measures would provide women with access to adequate and secure retirement incomes. The recommendations largely concern measures to help women increase their participation in the workforce and improve their superannuation savings. |
