66: The Silent Role of Menopause on Women's Financial Security with Mel Birks

What if the silent impact of menopause on a woman's career costs up to $15 billion in lost income and superannuation? Prepare for an eye-opening conversation as I sit down with Mel Birks from the Australian Institute of Superannuation Trustees to dive into this under-discussed issue. From the startling statistic that the average Australian woman retires at 52.1 years to the role of the gender pay gap and time taken out of the workforce to care for others, this episode is a deep dive into how these factors affect women's retirement decisions and, ultimately, their financial futures.We continue our conversation by scrutinising the financial implications of what may potentially be menopause-triggered early retirement in Australia and the significant impact that has on employers and society.Mel shares informative insights about how education and workplace support can help improve women's financial outcomes. We also discuss practical strategies to offset these losses and safeguard women's futures. Join us in raising awareness about this critical issue impacting women's lives across Australia.Resources:Mel BirksAustralian Institute of Superannuation TrusteesAIST Media Releases regarding impacts of menopauseAIST on InstagramAIST on LinkedInEmpires - podcast as recommended by MelThank you for listening to my show! Join the conversation on Instagram

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