Rising Economic Insecurity Among Senior Single Women


Nearly half (47%) of all senior single women in America do not have adequate retirement resources to meet even their most basic needs for the remainder of their lives, and this number is rising. This distressing statistic is among the findings from a report released today by IASP and Demos, the latest in the Living Longer on Less series.

Click here to access the complete report, Rising Economic Insecurity Among Senior Single Women.

This report finds that rising housing expenses, fixed and inadequate household budgets, and very low levels of retirement assets are contributing to rapidly rising economic insecurity among senior single women. Single women are especially vulnerable to economic insecurity in retirement due to the limited lifetime asset building capacity many women face, driven by the persistent wage gap, high levels of part-time work and ineligibility for retirement benefits, as well as extended periods out of the labor force due to family care-giving duties.

Click here to access the complete report, Rising Economic Insecurity Among Senior Single Women.


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Overheard: