• Germany's news in English
 

Women still 'much poorer' than partners

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

On average women have €33,000 less than their male other halves, according to unpublished figures seen by Welt am Sonntag.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

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
Wolf spotted in North Rhine-Westphalia
File photo: DPA

Wolf spotted in North Rhine-Westphalia

Camera traps have spotted a wolf for the second time in a month in North Rhine-Westphalia, the state environment ministry reported on Friday. READ  

German ranchers murdered in Paraguay
Paraguayan police on patrol in an area known to contain EPP rebels. File photo: DPA

German ranchers murdered in Paraguay

The Foreign Ministry in Berlin confirmed that two Germans living in Paraguay were kidnapped and killed earlier this week. READ  

AfD braces for busy conference weekend
"Vote AfD!" reads the flyover message. Photo: DPA

AfD braces for busy conference weekend

As leaders of the Germany's anti-Euro upstart party Alternative for Germany (AfD) prepare for its party conference this weekend, the potential for chaos is rising. READ  

Sudden dose of winter causes traffic chaos
Snow in Oberharz. Photo: DPA

Sudden dose of winter causes traffic chaos

UPDATE: Two people were rescued from avalanches as a blast of winter has taken Germany by surprise, while snow and ice accounted for several traffic accidents across the country on Friday. READ  

BND collects 220 million phone records a day
Photo: DPA

BND collects 220 million phone records a day

Germany's foreign intelligence agency, the Bundesnachrichtendienst (BND) collects 220 million pieces of information about foreign phone calls and SMS every day, Zeit Online reported on Friday. READ  

U-turn on minimum wage for foreign drivers
Photo: DPA

U-turn on minimum wage for foreign drivers

Germany temporarily hit the brakes Friday on applying its new minimum wage to foreign truck drivers transiting the country in a move welcomed by Poland, which vigorously opposed the system. READ  

Crises make Germany EU foreign policy leader
Foreign Minister Frank-Walter Steinmeier. Photo: DPA

Crises make Germany EU foreign policy leader

Foreign policy think-tank the European Council on Foreign Relations (ECFR) gave Germany top marks in its annual check-up of EU member states released on Thursday. READ  

Prost! Beer sales hop up for first gain in 8 years
Photo: DPA

Prost! Beer sales hop up for first gain in 8 years

New figures released Friday by federal statistics office Destatis are numbers breweries can drink to, as German beer consumption saw its first year-on-year rise since 2006. READ  

Germany has thousands of uni spots open
Photo: DPA

Germany has thousands of uni spots open

New research published by Spiegel on Friday shows that there are thousands of university placesa unoccupied across the country, while certain hot spots cope with too much demand. READ  

Borussia coach admits to 'downward spiral'
Borussia Dortmund coach Jürgen Klopp at a press conference. Photo: DPA

Borussia coach admits to 'downward spiral'

Borussia Dortmund coach Jürgen Klopp admits feeling the pressure as his side resume their fight to stay in Germany's top flight on Saturday at fellow Champions League side Bayer Leverkusen. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Business & Money
FATCA: 'The age of financial privacy is over'
Gallery
The best regional foods TTIP opponents want to protect
Photo: DPA
Features
The rise and spread of Pegida
Photo: Shutterstock
Culture
This cosplayer did not think his plan through
National
Europe in statistics - from Spain to Sweden
Photo: DPA
Politics
The Local's report from Pegida's largest ever demonstration.
Sponsored Article
Top-notch tech boosts bilingual schools
National
Six stories that will rock Germany this year
Photo: DPA
National
Terror alert at a new high. Should you be worried?
Dresden skyline and river by night. Photo: DPA
Politics
What does Dresden have against Muslims?
Photo: DPA
National
What were your favourite news stories of 2014?
Gallery
Top 12 German idioms
National
Why has The Local got a new logo?
Photo: DPA
National
This German was abducted and tortured by the CIA
Culture
10 top tips for partying in Germany
Photo: DPA
Technology
What does the Chancellor see as the future of the internet?
Photo: DPA
Berlin
The Local's series on 25 years since the fall of the Berlin Wall
Photo: DPA
Business & Money
JobTalk: All you need to know about working in Germany
National
Share news tips with The Local Germany
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

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

3,971
jobs available
Toytown Germany
Germany's English-speaking crowd