A plethora of statistics demonstrate how far behind women are, on average, when it comes to building wealth. This is largely due to systemic factors such as time out of the paid workforce to undertake unpaid caring roles.
The impact of this is sobering. Research from the Australian Human Rights Commission shows half of all women aged between 45 to 59 have $8,000 or less in super. The figure for men is $31,000.
This is not cause to be defeatist when it comes to wealth creation. There are plenty of females who have built sizeable fortunes, despite facing very unfortunate circumstances.
Louise Bedford is one. Her wealth building journey started 20 years ago when she attended a seminar about the share market.
Read more in the Australian Financial Review: