Guest Bloggers, History, Retirement

Three Retirement Planning Tips For Women

March 19, 2021 • By

Last Updated: March 22, 2021

Photo of Cindy HounsellOne day in 1939, Ida May Fuller stopped by the local Social Security office in her hometown of Rutland, Vermont, and said, “I knew I’d been paying into Social Security and I wanted to learn more.” The following year, she received the very first Social Security benefit payment—$22.54—and it arrived as check number 00-000-001. Ida’s story still holds lessons for women today—and it started with her getting the information she needed. As we celebrate Women’s History Month, let us consider the following retirement planning tips you should know.

Today, signing up for a personal my Social Security account can help you get tailored information to plan for your retirement. It’s never too late to start planning. Ida was 65 years old when she started receiving benefit payments, but she lived well beyond her life expectancy of 65 years, 4 months. In fact, Ida lived to be 100 years old, and received Social Security benefit payments for 35 years. It’s important to create your personal my Social Security account as soon as possible. With your account, you can view estimates of future benefits, verify your earnings, and view the estimated Social Security and Medicare taxes you’ve paid. Verifying earnings is important because your future benefit is based on your earnings history.

Your Social Security benefit payments will provide only a portion of pre-retirement income. That means you’ll have to save more to have adequate income for your desired lifestyle in retirement.

Savings need to be an active part of your plan to take care of yourself and your family’s financial future. Ida never married. She supported herself. However, you may find yourself widowed or divorced—and having to provide for yourself for 15 years or longer. Unlike in Ida’s day, you can go online to see if you’re eligible to receive a current, deceased, or former spouse’s benefits. It might make financial sense to claim those benefits instead of your own—since the payments could be higher based on the individual’s own earnings history.

In the spirit of Ida, we encourage you to plan for your financial future. Please share this information with your friends and family—and help us spread the word on social media.


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  1. Edward Delehant Mycue

    I’ll be 84 come March 21, 2021 and have been paying in to Social Security since teenage-age 14 I think back now. I receive about $1012.00 a month now. I am married to another man who is 77 and I may because of my years die first. He receives about $100.00 a month more than I do. We live close to our income. Will he get some more when and if I die first?
    Edward Delehant Mycue

    Reply
    • Vonda

      Hi Edward, thanks for using our blog to ask your question. Typically, a widow or widower at full (survivors) retirement age or older generally receives 100% of the deceased worker’s amount, a widow or widower under full retirement age receives about 71 to 99 percent of the worker’s benefit amount, and a widow or widower with a child younger than age 16 receives 75 percent of the worker’s benefit amount.

      We are only going to pay the highest benefit amount from either record, meaning you don’t get both retirement and widow(er)s benefits but the higher of the two. For more information about how much your benefit would be, visit our If You Are The Survivor web page.

      Reply
  2. Kathleene Pugh

    I am 66 1/2😆. I took my SS @ 65, retirement age was 66. If I got a job and worked until 70, will my SS be reconfigured to a higher amount?

    Reply
    • Vonda

      Hi Kathleene, thank you for using our blog to ask your question. Each year we review the records for all Social Security recipients who work. If your latest year of earnings turns out to be one of your highest years, we refigure your benefit and pay you any increase due. This is an automatic process, and benefits are paid in December of the following year. For example, in December 2021, you should get an increase for your 2020 earnings if those earnings raised your benefit. The increase would be retroactive to January 2021.

      Check out our Receiving Benefits While Working web page for more details.

      Reply
  3. Jody santos

    How come I haven’t re river my 1400 3rd stimulus check yet???? I have?direct deposit the people. On. Ssi ssi could use them just like the other people. If these people dont do the rite tho g w their check them sit them off i use my for food rent gas electric i don’t say to my poor landlord o rd i don’t have ur rent etc thats not fair to him these people on section 8 n hous ing can pay rent but don’t free ride bull shit

    Reply
    • mae

      We have received the third check. Im on SS

      Reply
    • Justice will previal

      I feel you an so many friends an families in need seems there taking care of people who don’t recieve a ssi ssd check ect because they figure we got check coming in but thing is they don’t understand those without hud an help we are on our own an gas went up amount dairy fresh food covid supply’s most of us our struggling bad but giving people who are young never worked not disabled thousands of dollars before people like us lady down street has 6 kids stud addict bragging about her 13 thousand stimulus it’s not right people who never cared to work or disabled this money it’s like devil’s lettuce it’s not going to help people who never help thereselve people who need it the most is ssi ssd SHAME ON BIDEN ADMINISTRATION Trump would of gotten to us 1st

      Reply
    • R. Vonas

      i was just wondering about ours so i looked it up online. ours is coming march 24th. i read the smaller banks got their money first.

      Reply
      • kim hoff

        No its not. The 24th is the second batch, ours is yet to be released. Stupid fucks.

        Reply
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  5. JMB

    Thanks for this information. I would like to see another more in the question and answer section it’s very interesting.

    Reply
  6. Joe Mathew

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  10. Mary beth

    Has anybody got thier third stimulus check it’s now the 24th and still nothing.

    Reply
    • Vonda

      Hi Mary beth, thanks for using our blog to ask your question. If you receive Social Security or SSI benefits, you may receive your payment sooner, or later, than another beneficiary you know because the IRS is sending payments first to anyone who filed a tax return or used its Non-Filer Tool to receive a previous payment.

      The IRS has not determined when it will begin issuing payments to Social Security and SSI beneficiaries who did not file a 2020 or 2019 tax return or used its Non-Filer Tool to receive a previous payment. Use the IRS’ Get My Payment Tool to see when you can expect to receive your payment once determined by the IRS.

      Reply
      • Tina

        This is not true Vonda. I filed nonfilers and still have not recieved 3rd stimulus. Articles are telling us that ssa won’t send the payment files over. We are sad and frustrated!

        Reply
      • John Smith

        IRS get my payment tool has never done Us any good. “Payment status not available”. I qualify for the stimulus because I receive all the other stimulus quickly under Trump. Funny how Biden comes along illegitimately and gas soars in price, causing food and all other trucked-in goods to go up in price as a result of higher gas and shipping / freight costs. Now we get delayed and put last when we need the stimulus the most???? Another way to push granny off the cliff democrats?

        Reply
        • Blundering Biden

          Trump not only got our money out quickly, he gave us a total of $400 more than this Blundering Biden.

          Reply

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