I have to confess I am a Social Security nerd. Once I’m on the Social Security Administration (SSA) website I can’t stop! It is such an most interesting and complex program that has a tremendous impact on our society. The scope and impact of Social Security on our society is astronomical. Here are a few more facts that will change the way you think about SSA and how women need to plan for their retirement.
A few facts about Women and Social Security:
TAKE AWAY- Women need to plan their retirement savings to include the sad reality that they will likely out live their spouse. I really love my husband, he is my confidante, friend, partner and so much else to me that this reality is difficult to even consider. Our running joke is, “No way, I’m going first.” We don’t want to think about the alternative. But it will be even harder if I actually end up living it without enough savings. We’ve talked and he wants me secure so we’re planning.
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