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The Real Rules Of Retirement For Women (and Men Too!)
Part 1 of Paper
....f a three-legged stool to illustrate the three components needed for adequate retirement income: a Social Security retired-worker benefit, an employer sponsored pension and individual savings. Although none of these sources of income is assured, each is an essential element for replacing pre-retirement income, and each.... Part 2 of Paper
....nimum-wage income. The fact that so many elderly women rely on Social Security as their only source of income is one of the major reasons why so many elderly women are poor.
Private pensions --the second leg of the retirement stool can provide an important source of income to women. However, only 13 percent of women age 65 and over are currently receiving a pension, and among that small group the median annual pension income in 1994 was only $3,000. Although access to pensions for women working.... |
| Number of words: 3728 - Approximate pages: 14 |
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