Scottish WidowsNov 15 2023

Almost 2mn single individuals face ‘motherhood penalty’ in retirement

twitter-iconfacebook-iconlinkedin-iconmail-iconprint-icon
Search supported by
Almost 2mn single individuals face ‘motherhood penalty’ in retirement
The average woman is on track to receive £12,000 per year of income in retirement after paying for housing expenses, which in today’s money is £7,000 short of the £19,000 income for the average man. (Pexels/Kristina Paukshtite)
comment-speech

Three in four single mothers face living in poverty when they retire, according to a report by Scottish Widows.

A service from the Financial Times
For unlimited access to FTAdviser content...

Register now for free

  • Read the latest news and views from the world of financial advice
  • Never miss a story - sign up to our email alerts
  • Bank CPD while you read
Have an account? Sign In