The Ageing Population is a threat to women's economic welfare
Men who are carers also face a major carer burden, but more often they start off better financially equipped to buy their way out of the problem. Women, on the other hand, are more likely to have been part-time workers, to have taken maternity career breaks, or to have worked in low-waged sectors such as health and social care, if they have been employed at all. Caring work drains people of time, money and opportunities.
Unless there is a major UK policy and resources shift, women need to plan for a future where their career and personal finances will be significantly affected by caring for older relatives. Employers, local authorities, insurers, health services and culture may change, but it would be unwise for us to bank on that unlikely event.
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