At the Women’s Institute for a Secure Retirement (WISER), we are often asked why we focus on women. The answer is simple.
There are 5.8 million more women than men at age 65. Also, 67 percent of people over age 85 are female. Many individuals age 85 and over end up living in poverty after retirement. Women face greater financial long-term risks than men due to several factors:
In the 21st century, more women work, pay Social Security taxes, and earn credit toward monthly retirement income than at any other time in our nation’s history. Yet, on average, women face greater economic challenges than men in retirement. Continue reading →
March is Women’s History Month — a time to focus not just on the past, but also on the challenges women continue to face in the 21st century. Today, more women are working than ever before, paying Social Security taxes, and earning credit toward monthly retirement income. With longer life expectancies than men, women tend to live more years in retirement and have a greater chance of exhausting other sources of income.
This means you should plan early and wisely!
Social Security provides financial benefits, tools, and information to help support you throughout life’s journey. Here are some tools to help you plan for your future: Continue reading →
Social Security is with you through life’s journey — from when you’re born, through your working years, and into retirement. We provide information and tools that help you make better decisions about your retirement future. Women face unique challenges when choosing when to retire and in making other decisions related to their future Social Security benefits. Continue reading →
Retirement planning is especially challenging for women. We tend to live longer, and it’s not uncommon to have “off-ramped” from work at some point(s) to raise kids or care for a loved one. And because this affects lifetime earnings, it may also affect your eventual Social Security benefit. Don’t get me started on the gender wage gap. Continue reading →
One of the biggest mistakes people make is simply not taking the time or waiting too long to understand how the retirement system works. If you’re worried that you won’t have enough money to last throughout a longer lifetime, take action by doing something about it. According to a 2016 survey, only 40 percent of workers have gotten an estimate of their Social Security benefit amount and only 17 percent have a written financial plan. Continue reading →
Women everywhere are living longer and working harder. Along with those realities comes a greater need to manage risks related to our health and financial futures. Both the Affordable Health Care Act (ACA) and Social Security can help women manage those risks. During this week’s Affordable Care Act (ACA) Women’s Week of Action—November 9-13—we call each of you, women everywhere, to action. Continue reading →
We have a longstanding commitment to meeting the distinct needs of the single, working woman. By better understanding your benefits as a single woman, you can capture more Social Security income over your lifetime, and we want to show you how.