• Germany edition
 
Women still 'much poorer' than partners
Photo: DPA

Women still 'much poorer' than partners

Published: 10 Feb 2013 10:36 GMT+01:00
Updated: 10 Feb 2013 10:36 GMT+01:00

Women have considerably less in personal assets and savings than their live-in male partners, new statistics showed on Sunday, suggesting that even married women are more likely than their spouses to end up living in poverty in later life.

On average women have €33,000 less than their male other halves, according to unpublished figures seen by Welt am Sonntag.

The study, conducted by the Berlin-based German Institute for Economic Research (DIW) showed that in 52 percent of heterosexual couples, it was still men who held the purse strings and presided over a larger personal fortune than their lady-folk.

Just 19 percent of couples had an equal amount of money saved up, whereas in 29 percent of cases women had bigger stashes of cash.

And where men were better-off than their female partners, they were much better-off. In such cases, men not only had on average €91,000 more than their partners, but these couples were better off overall, with combined assets worth €245,000.

But where the woman was the richer half of a pair, she typically had just €48,000 more than her partner and the couple had less money altogether, with average combined assets of €156,000.

With divorce rates also rising, the figures suggested women were at a greater risk of falling victim to poverty in old age, wrote the Welt am Sonntag.

"Women in partnerships should place more value on their individual provisions for their old age," DIW statistician Markus Grabka told the paper.

The figures come from a DIW survey conducted in 2007, in which 7,200 German couples were asked about their incomes and personal assets.

DAPD/The Local/jlb

The Local (news@thelocal.de)

Don't miss...X
Left Right

Your comments about this article

14:24 February 10, 2013 by iseedaftpeople
well that all changes when a woman divorces a man and takes him to the cleaner's. It is the former husband who is from that day on at grave risk of personal poverty.

I've seen it enough times with men I know, who earn a quite decent salary on paper but it all goes to their ex-wives and their children, which, to add insult to injury, they rarely ever get to see again.

This article is just a thinly veiled permuatation of feminist myths that there is an oh so crippling imbalance of powers within relationships. Well, there is, but usually it is the man who becomes crippled, in a divorce. And many men have no choice but to keep their woman happy for fear that they might otherwise be dragged through a costly divorce.
06:15 February 11, 2013 by RainerL
This must be why Women go GOLD DIGGINg on Men?? !! Or? Choose Men with a BIG EGO STATUS and of course MONEY / Material Stuff.

It never ceases ot amaze me how mmany Men suckers are out there just to have a Women allow themself go as low as having their dignity compromised let alone risking their bank balance. I am in control of whom i want as a Women in my life and it will NEVER be a Gold Digger!!!
19:19 February 11, 2013 by Berlin fuer alles
Germany is not a very gender equal country. Apart from German women holding their men's nuts in a cookie jar that is.
14:33 February 12, 2013 by honeybeee
emmm, yes , men , even u r stronger ,but u still can become very poorer through your women because that's your nature decide !!!!!!!!!~~~~~~~~hahaaaaaaaaa
20:53 February 12, 2013 by raandy
That thought should cross every one who is married to a German. I think if I was having trouble with my spouse I would think " glad there is a place called USA"
Today's headlines
New app helps clients find prostitutes
Photo: DPA

New app helps clients find prostitutes

While the German government is considering tightening prostitution laws, Berlin entrepreneurs have developed a smartphone app to connect sex-workers with clients. READ () »

Highs of 22C forecast for Easter weekend
Photo: DPA

Highs of 22C forecast for Easter weekend

The days running up to Easter may be cool and wet, but the holiday weekend should be a bit warmer for most of Germany, according to forecasters. READ () »

Berlin man must call himself a mother
The fight over the transgender man's right to be his child's official father has been raging since last year. Photo: DPA

Berlin man must call himself a mother

A transgender person who became the first man in Germany to give birth in March 2013 must be registered as the child's mother, a court has ruled after his year-long court battle to be named a father. READ () »

Study: rape convictions fall sharply
Photo: DPA

Study: rape convictions fall sharply

The chance of being convicted of rape in Germany has more than halved in the past two decades to fewer than one in ten, a major study revealed on Thursday. READ () »

SPD: Restore 45-percent investment tax
The tax privilege for investment income is unfair, says the SPD. Photo: DPA

SPD: Restore 45-percent investment tax

The centre-left half of Germany's coalition government has called for the old top rate of a 45-percent tax on investments to be brought back - to match standard income tax and fight the squeeze on middle incomes. READ () »

Customs find smuggled cash in every third car
Sniffing out the money. Photo: DPA

Customs find smuggled cash in every third car

The number of Germans smuggling large amounts of cash across the Swiss border into Germany rose dramatically last year. Customs officers said on Thursday they made a find in almost every third car they checked. READ () »

Crystal meth use hits record level
Crystal meth seized in Bavaria. Photo: DPA

Crystal meth use hits record level

Consumption of crystal meth in Germany appears to have reached a record level, according to government figures published on Thursday. READ () »

Child's near death sparks row over refugee homes
Leonardo had to have a finger and toe amputated after staff refused to call an ambulance. Photo: DPA

Child's near death sparks row over refugee homes

A political row has broken out in Bavaria after an asylum seekers' home failed to help a toddler who almost died of meningitis. The case has raised concerns about the treatment of refugees in the state. READ () »

Bayern and Dortmund to face off for German Cup
Kaiserslautern fans let off flares in the Allianz Arena on Wednesday night. Photo: DPA

Bayern and Dortmund to face off for German Cup

Holders Bayern Munich will face Borussia Dortmund in next month's German Cup final after cruising to a 5-1 win over second-division Kaiserslautern in Wednesday's semi-final. READ () »

Zalando hits back after undercover report
Working conditions at online retailer Zalando are under the spotlight. Photo: DPA

Zalando hits back after undercover report

Online fashion retailer Zalando has prompted an investigation by state prosecutors in Erfurt against an undercover journalist who revealed alleged "trade secrets" in a TV report on Monday night. READ () »

RECEIVE OUR NEWSLETTER AND ALERTS
Photo: DPA
Rhineland
Elderly man taped €200,000 to his genitals
Photo: DPA
Business & Money
What's the unemployment rate in your area of Germany?
Photo: DPA
Gallery
Nine ways to celebrate Easter like a German
Photo: Galerie Bilderwelt
Gallery
World War I in colour photos
Photo: DPA
Society
'The mafia has infiltrated every sector in Germany'
Photo: DPA
Society
JobTalk: Why you should teach English in Germany
Photo: DPA
National
330,000 sign up against TV licence fee
Photo: DPA
Hamburg
School kids hospitalized after 'porno' party
Photo: Submitted
Frankfurt
'I'll get even with my old pal Schwarzenegger'
Photo: DPA
Gallery
The week in pictures: April 5th - April 11th
Photo: DPA
Gallery
Ten great inventions you (probably) didn't know were German
Photo: J. Arthur White
Berlin
Clashes in Berlin as refugees tear down their own camp
Advertisement:
Photo: DPA
Gallery
Munich's baby polar bears are finally named
Photo: DPA
Gallery
The 10 best German employers to work for
CurrencyFair
Sponsored Article
Why it pays to avoid banks when making overseas transfers
Mr. Lodge
Sponsored Article
How to find a furnished rental in Munich
Sponsored Article
How to make a lasting impression in business
Hult International Business School
Sponsored Article
What they don't teach you at Business School
Photo: DPA
Society
Nine jobs you can only do in Germany
Photo:ESL
Sponsored Article
How to integrate successfully in Germany
Photo: DPA
Business & Money
JobTalk: All you need to know about working in Germany
Photo: DPA
Features
The Local List Archive - Your guide to all things German
National
Share news tips with The Local Germany
Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

3,156
jobs available
Toytown Germany
Germany's English-speaking crowd