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Especially for Women: Retirement Planning and Social Security
In this excellent article posted on Social Security’s “blog” website, Cindy Hounsell – President of the Women’s Institute for a Secure Retirement – explains why women have special circumstances which affect their retirement. About 67% of Americans over the age of 85 are women who may be at risk of falling into poverty because they have lost a spouse (and thus part of their income), because their benefit payment is lower than average, or because they have exhausted their financial resources. The author’s goal is to help women understand the importance of early retirement planning and how Social Security fits into that plan. Click here to read more.