Social Security Report

Women Saving for Retirement

A recent report from Congresswoman Carolyn Maloney detailed the troubles faced by women in the Social Security system and retirement. The report found that on average women earn $10,800 less than men each year while working, totaling as much as $500,000 over the entirety of a career. In retirement this translates to less savings and less benefits; women’s income in retirement is 44% lower on average compared to men. For more information on this subject visit this article by Dee Lee with CBS.

Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org.