Tag: retirement
David and Debra S. both had successful careers. In analyzing their retirement finances, the couple agreed that he should wait until age 70 to start his Social Security in order to get the largest monthly benefit. But he wanted to sell his business at age 69 and retire then, so the North Carolina couple used…
The poverty rate for widows has gone down over the past 20 years. This trend will probably continue for the foreseeable future. Women face the risk of slipping into poverty when a husband’s death triggers a drop in retirement income from Social Security and a pension (if he had one). But beginning in the 1970s…
