Some scary general statistics*
• 17% of all elderly single women live in poverty
• Women on average earn 27% less than men
• Women take time off from work 9 years more than men
• Social Security benefits for women are 1/3 of men’s
• Women live more than 3 years longer than men
• After divorce, women experience a 73% drop in their standard of living
• 25% of single women have Social Security as their only retirement income
*Division of Economic Research, Social Security Department, Divorce Lawyer Source |