Tag: Social Security
Abstract Most Americans enter retirement as married couples, and one spouse, typically the wife, outlives the other. Many widows lack the income needed to maintain the standard of living they had when their husbands were alive. Widows would generally have more adequate incomes if their husbands, who are typically the higher earner in the couple,…
It’s long been known that people with high earnings tend to live longer than low earners. But this gap in life expectancy has widened into a gulf. For example, high-earning men born back in 1912 lived about eight months longer than their counterparts in the bottom half of the income range. This longevity gap increased…
