When to retire and when to start claiming Social Security are complicated and very personal decisions. While Social Security benefits are determined in the same way for men and women, and there is no gender component in the benefit formulas, the mechanics of the program have different implications based on a worker’s earning history, life expectancy and spouse’s characteristics.
How should women think about Social Security decisions?
What should women consider when deciding when to retire and when to start claiming Social Security benefits?
Gopi Shah Goda
Melinda Sandler Morrill
Poole College of Management, North Carolina State University
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