The gender pay gap’s retirement toll

Senior Wealth Adviser Dawn Thomas recently joined the Advisory Series on ausbiz to discuss the ongoing impact of the gender pay gap and what it means for women’s financial futures.

With women currently earning less on average than men, Dawn highlighted that the gap extends far beyond salary. It affects superannuation, long term investing capacity and ultimately retirement outcomes, where many women face greater financial vulnerability .

In the conversation, Dawn emphasised the importance of focusing on what can be controlled. While systemic change is needed, she encouraged women to better understand their value in the workplace, advocate for fair pay and consider the full picture of their remuneration, including bonuses and benefits.

She also pointed to the role of early financial conversations at home, noting that confidence with money often starts in childhood. Building awareness, encouraging open discussion and modelling fair financial behaviours can help shape more equal outcomes over time.

Dawn’s insights reflect a broader belief at The Wealth Designers; financial wellbeing is not just about numbers. It is about awareness, confidence and the ability to make informed decisions in a changing environment.

It is how we continue to support our clients to Live Well, today and into the future.

Read the full article here: https://ausbiz.com.au/media/the-gender-pay-gaps-retirement-toll-the-advisory?videoId=47346§ionId=1885