If you are retired, you do not have a source of income from a job--you rely on your savings, interest from investments, or the government (e.g., social security in the US). With a job, your salary typically increases every so often to track inflation. When you just have savings, the total value of your money stays the same while the purchasing power of that money decreases. Investment income on your savings (e.g., interest) counterbalances this effect somewhat and government programs typically give out more money to account for the effects of inflation, but neither of these counterbalancing measures may prove sufficient.
Answer:
English woman's property when she married came under the control of her husband.
Explanation:
According to married women property act, the property which was owned by women in the form of gift, investment or inheritance is naturally transferred to her husband. The law considers both legal and husband and wife to be a single entity and the husband absorbs her property.
After marriage, an English wife had all authority to own the property but she cannot control or manage it. For example, if she holds a land, she can possess the legal ownership but she cannot rent it or mortgage it or sell it.
This act was later altered and affirmed that the wages earned by women should be treated as a separate property.
The estates-general parliament.
