Married Women Make This Mistake with their Social Security; Are You?

June 19, 2018 | posted in: Blog | by

A big gender gap exists in Social Security wealth because of married women’s retirement decisions, a National Bureau of Economic Research study found.

“Women tend to marry older men and to retire around the same time as their husbands even though they also live longer, on average, than men and may have had shorter careers because of childbearing.

By retiring early, the paper says, women often forego both substantial future earnings and significant amounts of prospective Social Security benefits that they would have received if they had worked longer.”

Click here to read the full article from Michael Fischer.