emma_in_dream: (kate bunce)
[personal profile] emma_in_dream
he ABC ran an article which included this quote:
‘Deloitte superannuation partner Stephen Hubbert says men need a minimum $340,000 to live a modest retirement and women slightly more.

"Currently, the average amount of money people have when they retire is $190,000, and for women it's almost half of that," he observed.


I sound like a boring old feminist, but seriously the spokesperson’s comments are gibberish because it is impossible to tell whether he has included women in the category of people. If women are people, then men must have more than $190,000 so as to counter-balance the lower savings of women. Or maybe by ‘people’ he means ‘men’ have about $190,000 and women have less.


My take away is that: people don’t have enough superannuation. Women may or may not be people.



* I am a shimmering star in the Hollywood firmament.



http://www.abc.net.au/news/2014-07-01/super-bounces-back-and-contributions-rise-but-many-retirees-sti/5563858

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