Monday, October 24, 2011

Poor women

7% of women over the age of 50 are single. 

This means they are financially responsible for themselves.

50% of marriages end in divorce. 

Who typically ends up with the children? 

The woman does. 

So now she is solely financially responsible for herself and her children, hoping that possible  child support is paid. 

Sadly,  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 -

80% of the women were not poor when their husbands were alive.

Approximately 7 out of 10 women will at some point live in poverty.
Time to change some things.

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