"For example, the retirement account balance gap for women aged 55 to 64 was 38.7%," she said. "On the other hand, the Social Security benefits gap and the pension income gap were considerably lower at 24.7% and 18.7%, respectively." Greenfield added that the research underscores the need...
We explore how well the Australian means-tested pension system provides social insurance by changing the settings of the system and calculating the impact on welfare. In order to exclude trivial welfare gains, we keep the cost of the programmes constant. We find that the means-tested pension ...
How much pension do I need? Could I use my property as a pension? When can you access your pension? For most of us, saving into a pension during our working life will be crucial to enjoying a financially secure retirement when we eventually give up work. Yet the chances are that sort...
Further, for paid work, the difference between East Asian and Western regions is no longer as clearly defined as in the main analysis, where the gender gap in paid work was much larger in East Asian countries compared to Western regions. Thus, while this regional difference becomes less ...
In an interview with The Times, when asked whether women still experience sexism in Britain's kitchens, Atherton said: "No, not really. I've not seen it. Any industry has its ups and downs. I think there's way too much focus on our industry because of that." ...
The popularization of the Internet and digital technology has called for higher digital literacy among citizens, especially the elderly. However, most existing studies didn’t measure digital literacy at the micro level, and the impact mechanism has rare
course has always been pinned down in the same way. But in the 20th century we invented teenagers and we invented retirement, thus the three stage life of education, work, leisure. That worked well when people lived to 70 because they didn’t need to save much when they o...
Over the past three decades, the 4% rule has become a popular rule of thumb that’s straightforward to understand. “It answers the question almost every retiree has on their minds,” says Brian Fricke, senior vice president and financial advisor at Wealth Enhancement Group. “How much money...
It's important to start saving for retirement as soon as you begin earning income,even if you can't afford to save that muchat the beginning. The sooner you begin, the more you'll accumulate, thanks to the miracle ofcompounding.
Workers can make catch-up contributions to a variety of retirement plans, including the popular employer-sponsored 401(k). Those who do not have an employer-sponsored plan can contribute to atraditional IRAorRoth IRA. Other options include theSIMPLE IRAandSimplified Employee Pension (SEP). It's...