Three key decisions about retirement benefits can help couples make their money last — or dramatically increase the chances the survivor will end up old and broke.
Widowed women are twice as likely as their male counterparts to live in poverty during retirement, according to a March study by the National Institute on Retirement Security. But anyone who outlives a mate can be vulnerable to a big drop in income and lifestyle because of shortsighted decisions about claiming benefits.
In my latest for the Associated Press, how to make the right choices for your retirement.
Kaye Mills says
Can your followers ask questions which you would answer?
Liz Weston says
Hi, Kaye! It’s best to ask on my Facebook page, http://www.facebook.com/asklizweston.