Tag: poverty

Picture of an elderly woman

The amount of money a widow receives from Social Security can mean the difference between comfort and hardship. Husbands have a lot of control over how this will turn out. Each additional year they postpone collecting their own Social Security adds another 7.3 percent to the amount a future widow will receive every month from…

African american woman saves money in piggy bank with a confident expression on smart face thinking serious

Retirement, as portrayed in TV commercials, is the time to indulge a passion, whether tennis, enjoying more time with a spouse, frequent socializing, or civic engagement. Boston University sociologist Deborah Carr isn’t buying this idealized picture of aging. “This gilded existence is not within the grasp of all older adults,” she argues in “Golden Years?…