Women Retiring With Less Savings Than Men: Advocacy Group

The video discusses the economic challenges faced by women in Australia, particularly in retirement savings and employment sectors hit hard by the pandemic. It highlights the need for policy changes to address gender disparities in superannuation and offers advice on superannuation withdrawal during COVID-19. The video also explores international pension models with better gender equity, emphasizing the importance of childcare and equitable parental leave.

What percentage less do women in Australia retire with in their superannuation compared to men?

• 50%

• 40%

• 20%

• 30%

Which industries are mentioned as being predominantly female and heavily impacted by the economic slowdown?

• Finance and Technology

• Retail and Tourism

• Construction and Mining

• Agriculture and Manufacturing

What is one of the gaps in the superannuation system that affects women?

• No superannuation for high-income earners

• Superannuation is not taxed

• No superannuation for those earning under $450 a month

• Superannuation is only for government employees

What is the recommended superannuation guarantee percentage that should be achieved?

• 12%

• 10%

• 20%

• 15%

Why is it important for women to consider alternatives before withdrawing from their superannuation during the pandemic?

• It is illegal to withdraw superannuation

• The long-term growth and accumulation of superannuation could be affected

• Superannuation withdrawals are heavily taxed

• There are no government programs available

Which countries are mentioned as having effective pension systems with less gender disparity?

• South American countries

• African countries

• Asian countries

• Scandinavian countries

What is a significant factor that affects women's decision to return to work in Australia?

• Childcare access and cost

• High salaries

• Flexible working hours

• Availability of remote work