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Women should plan differently for their Social Security retirement
It may be stating the obvious, but when it comes to considering how Social Security fits into a retirement plan, women have a whole different set of scenarios to consider. Even putting aside the gender pay gap, women tend to have at least a few “zero earnings” years over their career, which means their benefit amount will probably be less. Working a little longer will help alleviate that issue, but women also, statistically, live longer than men, meaning that it’s important their benefit be higher to carry them through those extra years. This MySanAntonio.com “MoneyTips” article explains that women benefit more than men from working longer. Click here to read more.
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