I attended the EBRI webinar titled, Special Considerations Women Face in Retirement Security on Wednesday, February 6th 2019.
Moderated by EBRI President and CEO, Lori Lucas, CFA
Only EBRI brings together unique and unbiased research, industry thought leaders, and all segments of the employee benefits industry to provide unparalleled programming
Jack VanDerhei, Research Director, EBRI, will address The Cost of Living Longer: How Retirement Readiness Varies by Gender and Family Status
Jack VanDerhei, Director of Research, EBRI
Since so many married couples who run short of money in retirement have wives that outlive their husbands, public policy would be improved if retirement income security analysis focused on this impact. Using EBRI’s Retirement Security Projection Model®, a new analysis bifurcates married households into those where the wife outlives the husband, and vice versa. Also examining the retirement income security of single males and single females, we will provide results for each of these categories in aggregate as well as by age cohorts and income quartiles.
Anna M. Rappaport, President, Anna Rappaport Consulting, will cover Women Take the Wheel: Destination Retirement
Anna M. Rappaport, President, Anna Rappaport, Consulting
The retirement journey for women is often very different than that of men. This is the case even though women and men share a number of retirement realities, such as being subject to most of the same risks, being covered by the same employee benefit plans when they work in the same jobs and for married women, generally living in the same household as their husbands. Yet women also often follow different retirement routes than men in several other ways. SOA research consistently shows fairly similar
perceptions about risk by gender, although women often express more concern about some risks. The findings also show that outcomes for women are often very different than outcomes for men due to differences, such as many women living longer than men and spending their last years alone. The purpose of this of this session is to explore these similarities and differences.