Women, Marriage, and Retirement Risk
Mark Miller unpacks a new study's surprising findings: Married women face more risk in retirement than single women.
Financial security in retirement depends on economic success during your working years--that seems intuitive. People who earn more retire with higher Social Security benefits and savings.
But a recent research report challenges this premise for a key demographic group: married women. Married women do tend to have higher incomes and accumulate more wealth, but that isn't translating into more security in retirement, according to a study by the Center for Retirement Research at Boston College, or CRR.