Women have less retirement savings than men
Women often have very specific needs and problems of their finances. Women have less retirement savings than men, but live longer. Women will be hit by new rules on the division of pension rights in divorce. How can it be corrected?
There is a need for advice that takes women as a starting point.
What kind of loan should I choose?
Can I afford a bigger house?
I pay too much in taxes?
What about my retirement?
What about retirement if I divorce?
When can I afford to quit working?
Banks, mortgage institutions
The question of how to manage their private finances plays a greater role for equality. Those days are over when you took out a loan in his house once and for all – Now we have to constantly monitor and change, adapt and adjust in order not to feel fooled.
Retirement is no longer something the government or your workplace deals. No – in order to be invested, and to be elected, the focus on tax and public systems will be affected. Banks, mortgage institutions, pension companies are trying to sell new products to consumers and are constantly bringing new products. They offer advice, but must at the same time sell their own products.
It can be difficult to understand what is one’s own interests and in the bank. That is why needs advice that is impartial.
Women should make sure they gain insight into their finances
For many women, it can be unfamiliar to deal with tax returns, loans, pensions, etc. Often there has been an area where men take care. Many advice is also aimed at men, and often houses, loans and pension schemes are in their name. But women should make sure they gain insight into their finances – likely to be divorced or a widow – and there are no financial “surprises” you need.
And the law is of some help here. A new law means that pension schemes are no longer divided by divorce. Many women will therefore experience that the divorce will lose some of the family’s joint ownership, for example, if the family has taken out a loan in the house and placed the money in their scheme. It is seen often, but now it means becoming common property husband’s own property. Some recommend early divorce to solve the problem, but less dramatic steps may be possible.