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The Real Rules Of Retirement For Women (and Men Too!)
Beginning of essay
The Real Rules of Retirement for Women (and Men too!)
INTRODUCTION
Policy experts use the analogy of 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. Althoug ....
Middle of essay
....edian annual pension income in 1994 was only $3,000. Although access to pensions for women working full-time has increased over the last 20 years to 48 % in 1993 from 33% in 1972, men are still more likely to actually receive pensions because industries and jobs with traditional pensions continue to be dominated by males.
The third leg of the stool--voluntary savings-- is increasingly being emphasized as a major source of retirement income. However, statistics indicate that voluntary savings ar.... |
| Number of words: 3728 |
Approximate pages: 14 |
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