Maestas says women may sacrifice more Social Security earnings than men when they retire early
NIA Aging Centers News Reference
RAND's Nicole Maestas analyzed Health and Retirement Study data on earnings and retirement ages for men and women age 50 and older. She found that, because Social Security benefits are based on a person's 35 highest earning years, and because women tend to be in their peak earning years in their 50s and 60s, they may not want to retire when their husbands do - which is often at a younger age than their husband. This is a particular concern, says Maestas, since women's longer life expectancies mean they're at greater risk than their husbands of outliving their savings.
"A costly retirement mistake many women make" - CBS News. 9/18/2018.