Economic Viability Among Post-Retirement Aged Women

Abstract

Longer life expectancy has increased concern about living standards among elder women. This paper examines the relation between labor market status and living standard post-retirement. We use data from two national surveys to contrast economic circumstances of post-retirement aged and currently employed women. Financial resources of aged women and factors associated with their magnitude are identified. We examine current economic resources and employee benefits of women who will retire after the year 2000. The paper concludes with a discussion of proactive mid-life strategies for long-term economic stability among women, with emphasis on unique concerns, of black women.