Inadequate super forces older women to work
Women aged 55-64 currently have an average of about $95,000 in savings, compared with $184,000 for men. The Association of Superannuation Funds said many older women were being forced to keep working to boost their retirement savings. Gender differences in income were considerably less than in 1982. Seventeen per cent of men aged 50-59 were dependent upon welfare, up seven per cent.