The average woman lives roughly six years longer than men, to about 79 years old.
That longevity makes guaranteed income sources such as Social Security especially important, according to one expert.
Women also tend to save less money for retirement than men, putting them in a tougher financial position. WEST PALM BEACH, Fla. — Choosing when to claim Social Security is a decision that can carry big financial stakes for all older Americans, but it’s especially important for women."It all comes down to longevity," Mary Beth Franklin, a certified financial planner and Social Security expert, said Thursday at Financial […]
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