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On average women have €33,000 less than their male other halves, according to unpublished figures seen by Welt am Sonntag.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

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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"
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