[ANALYSIS] Retired women in South Africa carry a huge burden of poverty
Another key finding was that income did not entirely account for poverty perceptions. Instead, retired women reported that their perceived financial security and satisfaction with their standard of living influenced whether they consider themselves to be poor or not.
Of course the financial challenges of retirees are important to consider. But improving access to resources at a household level is an important strategy for overcoming poverty. This is particularly true for female headed households. Gender bias is still prevalent in many employment policies and practices. As a result, many women are seriously disadvantaged in labour market participation. This ultimately leads to inadequate savings and retirement income insecurity.
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