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Why Women Are Poor in Retirement

Sources of Support and Income in Retirement

By M. Cindy Hounsell

Despite the overall decline in poverty rates among older Americans during the past few decades, the likelihood of a woman being poor in retirement increases with age. Older single women and minority women are especially at risk. Retirement income used to depend on social security, pensions, and savings. However, many older women are finding that they need to add work or public benefits or both to move toward retirement security.

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