Younger women are significantly less willing to take risks in their stock savings compared to younger men, a survey conducted by Novus on behalf of SPP shows.
This is worrying, as women thereby risk getting significantly lower pensions, according to Shoka Åhrman.
It is also fewer women than men who trade with stocks or stock funds.
More than every third woman does not want to take risks with her pension capital or savings, says Åhrman.
Women have on average 30 percent lower pensions than men. One of the most effective ways to increase one's pension is to dare to take investment risks early in life, according to Åhrman.
Women aged 18-34 are willing to allocate 23 percent of their total savings to stocks or stock funds with high risk and high return potential. The figure is 35 percent among men.
444,000 kronor more
According to SPP's calculations, an average female individual would get approximately 444,000 kronor extra in pension - if she increases her exposure to stocks from 50 to 70 percent. This corresponds to 1,500-2,000 kronor more per month.
That women do not take risks to the same extent has nothing to do with low interest or lack of knowledge, Åhrman believes. Rather, it is that they underestimate their own level of knowledge when it comes to economics as a whole.
It may also depend on feeling vulnerable when taking a risk, she says.
Vulnerability in combination with women taking more parental leave and being on sick leave to a greater extent - can make the sense of security not feel as great.
You have time on your side, you can get extra returns - these extra thousands that make a difference for you as a woman the day you, for example, retire - or throughout life, says Åhrman.
Conscious risk
Not taking risks can also be a conscious decision - simply not wanting to, according to Åhrman.
But the consequences are not good.
Many - regardless of gender or age - are colored by the word risk as speculation. But there are conscious risks one can take for good returns - if one has time on one's side.
Not taking risks is in itself a risk.
For those who want to review their pension savings: create an overview and gather information, advises Åhrman.
Rather start with a lower amount today. The returns you can never recreate by saving with a larger amount later in life.
Hanna Rasmusson/TT
What risk-taking gives in pension
TT
An average female individual would get approximately 444,000 kronor extra in pension if she increased her exposure to stocks from 50 to 70 percent. This would correspond to 1,500-2,000 kronor more in pension per month.
In the calculation example, certain assumptions have been made. Among other things, that 2.5 percent of income is set aside for premium pension and 4.5 percent for occupational pension. 3.6 percent real return on stocks after 2 percent inflation deduction and 0.5 percent fee. Additionally, 0.2 percent real return on interest rates after 2 percent inflation deduction.
The average age of entry into the labor market is 23 years, and the retirement age is 68 years.
Source: SPP
