Tag: longevity
A new study finds that Social Security is more valuable to Black retirees than to Whites – despite the fact that Blacks have shorter lives and receive monthly benefits for fewer years of retirement. The main reason Black retirees get more value from the program boils down to something that is crucial for a tru…
Social Security supplies a substantial share, and often the majority, of a retiree’s income. For these older workers delaying signing up for their benefits is often a smart strategy. For every year they wait, the delay will increase the size of their monthly checks by 7 percent or more. But, as researchers Suzanne Shu and…
