Most women will live for around 30 years after retirement and will outlive men by at least 5 years. The statistics about women's wealth at retirement are a stark reminder of the need for women to take control of their financial future during their working years. Women in business are in a perfect position to take action now.
On average, women retire with superannuation of about $45,000 - approximately half the value of men's superannuation and not nearly enough to provide for a comfortable lifestyle for the following 30 years.
However, women in business are starting to take control of their lives, their finances and their future. Home loan lenders are seeing an increasing trend for women investing in property with women accounting for almost half of all single applicant loans for some lenders.
In the past, women investing in property were mainly divorcees or at an age when women decided they weren't going to marry. Today's women want more independent control of their finances now... and into the future. Home Loan lenders are starting the see younger women investing in property.
Women in business comprise a growing proportion of all new businesses. Women are showing initiative and using their entrepreneurial skills to make a positive change in their lives. By women investing in property, they are ensuring the benefits of their business extend beyond their working years.
Investing in property is empowering for women in business and provides reassurance that the hard work put into the business today is channelled into an effective wealth creation strategy for the future.
Speak with a ParkTrent investment consultant today about securing your financial future through investing in property.
If you would like more information, please contact our Customer Service and Sales team on 1800 652 224 or email contact@parktrent.com.au
