Friday, August 3, 2007

$ 9,408

$9,408.... $9,408!! That’s the average annual social security income received by women 65 years and older in 2004. $9,408 a year! That’s $784 a month. [Source: Social Security Administration]

Did you know that three out of every four elderly people who live in poverty are women? And that many of them weren't poor when their husbands were alive?

Nearly 80% of baby boomer women are not going to be financially secure in their retirement. Some of them will have to work until they're 74 because of inadequate retirement savings and pensions. Right now, 58% of them have less than $10,000 in retirement savings.

I’m one of those baby boomer women looking ahead to my retirement years and pondering those terrifying statistics. Many boomers face the prospects of being forced to live on less than half of what they struggle to survive on now. Are you scared to retire?

But here's what I found
I found Nussentials...

Next post: What is Nussentials?




1 comment:

Cenay Nailor said...
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