Financial education as a key: Strengthen women at an early stage for retirement provision

Financial education as a key: Strengthen women at an early stage for retirement provision

In times of economic uncertainty and increasing inflation rates, the topic of financial education is becoming increasingly important. Michael Holzer, chairman of the WKNÖ financial service provider, underlines the need for the population to achieve solid financial education. This is particularly important with regard to modern forms of investment such as Exchange Traded Funds (ETFs), since many people lose connection in today's world and do not adequately use the possibilities to secure their assets.

"The classic savings book is no longer sufficient to protect long -term assets," explains Holzer, demanding that financial knowledge are conveyed both theoretically and in practice. The focus should be on the financial provision, which is important to everyone in order to be prepared for the future.

The importance of financial education for women

A special aspect of financial education affects women who often get into a difficult situation through part -time work and the gender pay gap. Holzer points out that women in old age can be particularly affected by old age because they often earn less in professional life. "It is urgently needed that women actively invest in their financial future," emphasizes Holzer. To counteract this, the WKNÖ offers numerous information offers to provide targeted support.

The challenge of pension is closely linked to demographic development. The increasing life expectancy and the changes in the pension system make it necessary to take care of private provision at an early stage. Holzer warns: "If you hesitate too long, you will find it difficult later to close the financial gaps." In -depth financial education is therefore the key to meet the challenges of life in a age -appropriate manner.

qualified advice as the basis for financial security

In a complex financial environment, independent and competent advice is simply essential. In Lower Austria, almost 700 commercial assets are available to offer individual and tailor -made solutions. Holzer emphasizes that these consultants are legally obliged to train regularly to stay up to date and to offer their customers the best possible advice.

Access to certified financial service providers is crucial to design the personal investment strategy, taking into account the individual goals and the risk to risk. "Competent advice is the best way to effectively manage your own assets and at the same time to make it for the future," said Holzer.

For further insights and information on the topics of financial education and retirement provision, the reader may also be interested in this article news.wko.at , which offers deeper insights and presents important recommendations.