Wednesday, July 29, 2015
How Social Security puts single women at a disadvantage
Time Magazine, Aug. 3, 2015, p. 48, offers a perspective by Haley Sweetland Edwards, “The next Social Security crisis: Why American women are bearing the brunt of the retirement cruch”, link here (paywall).
The focus is on single and sometimes divorced women, and on women who were not able to compete on their own in the workplace. There is also discussion on how caregivers are paid (or aren’t) and how that affects their eventual social security. And women outlive men.
There is also a discussion of the connection to marriage and family values. The writer notes that poverty lowers marriage rates, not the other way around.