After career-interruption and a lifetime of caring for others, many women have good reason to be concerned about how they will manage during retirement, but research shows early intervention from a financial planner can help build confidence about the future.
There are two possible areas of action:
Preparation for retirement needs to start young and be sustained through life; and
Australia must find a way to ensure that no one is disadvantaged by taking on caring roles that prevent or limit the opportunity for accumulating retirement savings.
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