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3/18/2010
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Women and Poverty

Alarming statistics:

  • In the first year after a divorce a woman's standard of living drops an average of 73%.
  • Of the elderly living in poverty, 3 out of 4 are women - and 80% of them were not poor when their husbands were alive.
  • Nearly 7 out of 10 women will at some time live in poverty.
  • The average female born between 1948 and 1964 may likely remain in the workforce until at least 74 years of age due to inadequate financial savings and pension coverage.

**Source "Rich Woman" by Kim Kiyosaki

 

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