Gender, Wealth and Inequality in the U.S. Mariko Chang, PhD
|
|
- Ralf Dickerson
- 6 years ago
- Views:
Transcription
1 Gender, Wealth and Inequality in the U.S. Mariko Chang, PhD
2 Wealth = Assets-Liabilities Assets: Savings, Checking Accounts Real Estate Owned Stocks, Bonds, Mutual Funds Business Assets 401k, IRAs Etc. Liabilities: Mortgage Credit Card Debt Loans Etc.
3 Why Wealth? Wealth inequality >> income inequality Top 1%: 21% income, 35% wealth Bottom 60%: 21% income, 1% wealth Top 1%: 50% stocks, bonds, mutual funds Bottom 50%:.5% (less than 1%)
4 Why Wealth, cont. Wealth confers benefits income doesn t Can generate further income Collateral for loans Passed from generation to generation Weather financial crises
5 Why Care About the Women s Wealth Gap? About half of all households are non-married households About half of all marriages end in divorce Married women outlive husbands; widowhood is not a financial windfall for most Women spend more years single than married Women need more wealth because they live longer than men
6
7
8 Data 2010 Survey of Consumer Finances Sponsored by the Federal Reserve Board Focus here on ages Interviews 50 men and women
9 $80,000 $70,000 Median Wealth, 2010 $68,500 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $13,600 $6,150 $0 Married/Cohabitating Single Men Single Women
10 $30,000 $25,000 Median Wealth for Single Men and Women, Ages 18-64, 2010 $25,700 $20,000 $15,000 $16,171 $10,000 $5,000 $- $1,400 $1,610 $220 $205 White Black Hispanic
11 $30,000 Median Wealth: Parents With Children Under Age 18, 2010 $25,000 $24,360 $20,000 $15,000 $10,000 $5,000 $0 $2,790 $1,000 $380 $1 $10 White Black Hispanic
12 50.0% 45.0% 40.0% 35.0% 30.0% 25.0% Wealth Poor: Percent of Single Men and Women with Zero or Negative Wealth, Ages 18-64, % 30.4% 34.8% 43.8% 31.3% 41.3% 20.0% 15.0% 10.0% 5.0% 0.0% White Black Hispanic
13 100% 90% Assets Owned by Single Men and Women, % 87% 80% 70% 60% 50% 40% 44% 47% 40% 39% 30% 20% 10% 11% 5% 0% Cash Home Stock Business
14 Percent of Single Men and Women with Forms of Debt, % 35% 30% 32% 36% 35% 38% 31% 35% 25% 24% 20% 15% 17% 10% 5% 0% Home Education Credit Card Installment
15 Percent Single Men & Women with Education Debt by Race/Ethnicity, Ages 18-64, % 33% 30% 25% 20% 15% 10% 20% 21% 11% 16% 21% 5% 0% White Black Hispanic
16 Why? Wage Gap?
17 Mean Earnings for Full-Time Workers Age18-64, 2010 Women Men Never-Married $39,938 $44,088 91% Divorced $48,834 $60,257 81% Widowed $53,517 $63,488 84% Married $49,361 $72,787 68%
18 $20,000 $18,000 Median Wealth for Never-Married Persons Ages Working Full-Time, 2010 $18,370 $16,000 $14,000 $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $2,350 $-
19 Even with the same incomes Women would have less wealth: Custodial parents support more people on one income Less disposable income to save or invest Women lack access to wealth escalator
20 Wealth Escalator Translates Income into Wealth More Quickly Fringe Benefits Tax Code Structure of Government Benefits
21 Fringe Benefits Directly build wealth Ex: stock options, pension/401k contributions Indirectly build wealth Ex: health insurance, paid sick days Women less likely to work in jobs with fringe benefits
22 Tax Code Lower tax rates on certain income Ex: long term capital gains Tax deferral Ex: employer-sponsored retirement contributions Tax deductions Benefit the wealthy
23 Structure of Government Benefits Public Assistance Asset limits; spend down assets Social Insurance Ex: Social Security, unemployment
24 Women Lack Access to Wealth Escalator Types of jobs Ex: non-union, service industry lack benefits Patterns of Labor Force Participation Part-time, less continuous Custodial Parenthood Critical to racial wealth gap as well Debt anchor Ex: subprime mortgages, education debt
25 Is Marriage the Answer?
26 Voluntary Specialization Couples decide who manages finances Preferences, abilities, or experiences that are gender-blind (in theory) I m better at math He/she is more interested in financial topics He/she had more money than I did before we got married and was more used to handling it.
27 Social and Cultural Factors: I don t remember my parents sitting down and teaching my brother and not teaching me, but he just picked up on it.it just wasn t something in my little internal toolbox. My gut feeling is that a lot of men really do have that internal tool box. I think they get it from society.i think on some level he must have felt and my husband feels this way too that he needs to be responsible for money because he s a man.
28 Disadvantages: Worst-case scenario: one partner can hide assets or mask a bad financial situation Latent disadvantage: left in the dark when the marriage ends Most women will outlive their husbands
29 Voluntary Separation Separate checks, please Each contributes to joint expenses and keeps what s left over for him/herself Minimizes conflict
30 The Extreme: What s mine is mine and what s yours is yours. I did get into a jam with credit cards. Not to the point that I couldn t use them any longer, but my payments on a monthly basis were so much for so many different credit cards that it was ridiculous.to make a long story short, I got a consolidation loan and because I was part-time I had to get someone to co-sign and my husband did cosign and he was fine with that.
31 Voluntary Separation Advantage Each has financial independence Disadvantage Lower-earning partner has less discretionary income
32 Why Marriage is Not the Solution Wealth not necessarily owned or controlled by both spouses equally Leaves out gay and lesbian couples Economic self-sufficiency outside of marriage affects women s marital power Reinforces race-based wealth inequality Women spending more time unmarried
33 Main Points Wealth inequality is distinct from income inequality and much more severe Racial wealth gap cannot close unless gender wealth gap closes A women s wealth gap would remain even if men and women had equal incomes: Women more likely to be custodial parents Women lack access to wealth escalator
34 What Can Be Done? Expand access to wealth escalator Ex: Social Security credits, paid sick days Cultural messages Engage men in caregiving Gender inequality not the result of choices
35 You are Part of the Solution Empowering low-income women and families Creating a more equitable society Everyone benefits
36 Further Information: Thank you!
IMPACT OF RETIREMENT RISKS ON WOMEN. Report: Society of Actuaries & WISER Presented by: Linda Stone, WISER Senior Fellow
IMPACT OF RETIREMENT RISKS ON WOMEN Report: Society of Actuaries & WISER Presented by: Linda Stone, WISER Senior Fellow SOA RESEARCH 2013 Survey on Process of Retirement and Retirement Risks Covers retirees
More informationDistribution of Family Wealth,
Distribution of Family Wealth, 1963 2016 1963 1983 2016 $12 million 99th percentile $10,400,000 $9 $6 $3 0 10th 50th 90th 10th 50th 90th $-19 $41,028 $238,860 $724 $82,746 $520,133 0 0 Source: Urban Institute
More informationAging in America: Income and Assets of People on Medicare
Aging in America: Income and Assets of People on Medicare November 6, 2015 National Health Policy Forum Gretchen Jacobson, Ph.D. Associate Director, Program on Medicare Policy Kaiser Family Foundation
More informationFacilitators Guide. Program Goal: To define and examine key money management practices for women at specific life stages.
FCS5-459FG Facilitators Guide What Women Should Know About Finances: Planning for Life s Major Events The most effective way women learn about finances isn t through textbooks or lectures but through real
More informationGender And Marital Status Comparisons Among Workers
Page 1 2018 RCS FACT SHEET #5 Gender And Marital Status Comparisons Among Workers Are unmarried men and women equally likely to plan and save for retirement? Do they have similar expectations about their
More informationPart Two: The Details
Table of ConTenTs INTRODUCTION...1 Part One: The Basics CHAPTER 1 The Money for LIFE Five-Step System...11 CHAPTER 2 Three Ways to Generate Lifetime Retirement Income...21 CHAPTER 3 CHAPTER 4 CHAPTER 5
More informationGENDER AND MARITAL STATUS COMPARISONS AMONG WORKERS
2017 RCS FACT SHEET #5 GENDER AND MARITAL STATUS COMPARISONS AMONG WORKERS Are unmarried men and women equally likely to plan and save for retirement? Do they have similar expectations about their needs
More informationDemographic and Other Statistics for Women and Men Aged 50 and Older,
Demographic and Other Statistics for Women and Men Aged 50 and Older, 1999-2001 Population in 2001 Proportion of Population Over Age 50 30.0 % 28.6 % 28.6 % 25.2 % Age Distribution: 50-61 41.9 49.6 45.5
More informationNon-employed contributions to Old-Age and Survivors Insurance (OASI), Disability Insurance (DI) and Income Compensation Insurance (IC)
2.03 Contributions Non-employed contributions to Old-Age and Survivors Insurance (OASI), Disability Insurance (DI) and Income Compensation Insurance (IC) Position as of 1 st January 2018 The facts at a
More information10 Financial challenges facing women today
0 Financial challenges facing women today Shelly Maas June, 08 Disclosures Neither Merrill Lynch nor any of its affiliates or financial advisors provide legal, tax or accounting advice. You should consult
More informationPROJECTING POVERTY RATES IN 2020 FOR THE 62 AND OLDER POPULATION: WHAT CHANGES CAN WE EXPECT AND WHY?
PROJECTING POVERTY RATES IN 2020 FOR THE 62 AND OLDER POPULATION: WHAT CHANGES CAN WE EXPECT AND WHY? Barbara A. Butrica, The Urban Institute Karen Smith, The Urban Institute Eric Toder, Internal Revenue
More informationUnited Way Worldwide: MyFreeTaxes Survey November 18-23, Report Date: January 28, 2016
United Way Worldwide: MyFreeTaxes Survey November 18-23, 2015 Report Date: January 28, 2016 Methodology Survey Type: The national public opinion survey was conducted using Lightspeed GMI online survey.
More informationYour Future Paycheck:
Your Future Paycheck: What You Need to Know about Social Security, Pensions, Savings & Investments Presenters: Lara Hinz, MSW Director of Programs, WISER Linda K. Stone, FSA Society of Actuaries & WISER
More informationPart 1: 2017 Long-Term Care Research
Part 1: 2017 Long-Term Care Research Findings from Surveys of Advisors and Consumers Lincoln Financial Group and Versta Research February 2018 2018 Lincoln National Corporation Contents Page Research Methods...
More informationUBS Investor Watch. Analyzing investor sentiment and behavior / 2Q Couples and money. Who decides? a b
UBS Investor Watch Analyzing investor sentiment and behavior / 2Q 2014 Couples and money Who decides? a b Do couples really share financial decisions? Shared decisions More financial confidence Conservative
More informationWhat to Know, What to Ask By Joan Entmacher, Benjamin Veghte, and Kristen Arnold
Claiming Social Security Benefits NATIONAL ACADEMY OF SOCIAL INSURANCE What to Know, What to Ask By Joan Entmacher, Benamin Veghte, and Kristen Arnold Thinking about retirement? Deciding when to take Social
More informationWealth Inequality Reading Summary by Danqing Yin, Oct 8, 2018
Summary of Keister & Moller 2000 This review summarized wealth inequality in the form of net worth. Authors examined empirical evidence of wealth accumulation and distribution, presented estimates of trends
More informationThe View from. Chicago: 1,000 residents share their perspectives on life in Chicagoland, the local economy and personal finances.
The View from Chicago: 1,000 residents share their perspectives on life in Chicagoland, the local economy and personal finances September 2014 Methodology What An online study among a sample of the general
More informationAging Seminar Series:
Aging Seminar Series: Income and Wealth of Older Americans Domestic Social Policy Division Congressional Research Service November 19, 2008 Introduction Aging Seminar Series Focus on important issues regarding
More informationHELPING YOU PLAN A BETTER RETIREMENT
HELPING YOU PLAN A BETTER RETIREMENT HELPING YOU PLAN A BETTER RETIREMENT The small but steady progress in the number of women saving enough for later life in recent years shows that, to some extent, the
More informationSOA 2009 Risks and Process of Retirement Survey
SOA 2009 Risks and Process of Retirement Survey The Impact of Retirement Risks on Women WISER Symposium December 2, 2010 Cindy Levering, SOA Committee on Post-Retirement Needs and Risks Agenda Introduction,
More informationSocial Security fundamentals
Page 1 of 12 Guidelines for making well-informed decisions Table of contents 2 Key concept #1: Social Security will be around into the foreseeable future 3 Key concept #2: How benefits are calculated 4
More informationGender pay gap report. Pension Protection Fund
Gender pay gap report 2018 Pension Protection Fund 01 Pension Protection Fund Gender Pay Gap Report 2018 Introduction This is our second year of reporting on the PPF s gender pay gap. At March 31 2018
More informationTable 1 Annual Median Income of Households by Age, Selected Years 1995 to Median Income in 2008 Dollars 1
Fact Sheet Income, Poverty, and Health Insurance Coverage of Older Americans, 2008 AARP Public Policy Institute Median household income and median family income in the United States declined significantly
More informationIncome and Poverty Among Older Americans in 2008
Income and Poverty Among Older Americans in 2008 Patrick Purcell Specialist in Income Security October 2, 2009 Congressional Research Service CRS Report for Congress Prepared for Members and Committees
More informationOLD-AGE POVERTY: SINGLE WOMEN & WIDOWS & A LACK OF RETIREMENT SECURITY
AUG 18 1 OLD-AGE POVERTY: SINGLE WOMEN & WIDOWS & A LACK OF RETIREMENT SECURITY by Teresa Ghilarducci, Bernard L. and Irene Schwartz Professor of Economics at The New School for Social Research and Director
More informationSocial Security: What It Means to New Mexico
Social Security: What It Means to New Mexico Currently, a debate is raging in this country about Social Security. It is clear that the present Social Security fund is under financial pressure. Predictions
More informationInsights from Hispanic Families Executive Summary
2018 State of the American Family Study Insights from Hispanic Families Executive Summary In 2018, Massachusetts Mutual Life Insurance Company (MassMutual) commissioned the fourth wave of a nationally
More informationThe Demographics of Wealth
Demographics and the Future of American Families The Demographics of Wealth May 13, 2015 William R. Emmons Bryan J. Noeth Center for Household Financial Stability Federal Reserve Bank of St. Louis William.R.Emmons@stls.frb.org
More informationAppendix B. Public Survey
1 Appendix B Public Survey 2 Patient and Public Engagement Survey March 2017 Background The Health and Wellbeing Board must produce, consult and publish a Pharmaceutical Needs Assessment every three years.
More informationPROJECTING POVERTY RATES IN 2020 FOR THE 62 AND OLDER POPULATION: WHAT CHANGES CAN WE EXPECT AND WHY?
PROJECTING POVERTY RATES IN 2020 FOR THE 62 AND OLDER POPULATION: WHAT CHANGES CAN WE EXPECT AND WHY? Barbara A. Butrica, The Urban Institute Karen Smith, The Urban Institute Eric Toder, Internal Revenue
More informationSocial Security. Yolanda York Public Affairs Specialist.
Social Security Yolanda York Public Affairs Specialist www.socialsecurity.gov The Real Beginning... Bismarck introduced first Social Security old-age benefits in Germany in 1889 2 2 3 Who Gets Benefits
More informationIntermediate Macroeconomic Theory. Costas Azariadis. Costas Azariadis. Lecture 3: Productivity and Labor
Lecture 3: Productivity and Labor 1. THE ISSUES a)productivity most important determinant of living standards in the long run 2008 U.S. GDP per worker employed (current $) $100,000 per worker per year
More informationSegmentation Survey. Results of Quantitative Research
Segmentation Survey Results of Quantitative Research August 2016 1 Methodology KRC Research conducted a 20-minute online survey of 1,000 adults age 25 and over who are not unemployed or retired. The survey
More informationChanges in Retirement Handling the Expected and Unexpected
Changes in Retirement Handling the Expected and Unexpected Presenters: Ruth Helman, Greenwald & Associates Anna M. Rappaport, FSA, MAAA July 1, 2015 Reference Documents Society of Actuaries 2014 Report:
More informationMassachusetts Household Survey on Health Insurance Status, 2007
Massachusetts Household Survey on Health Insurance Status, 2007 Division of Health Care Finance and Policy Executive Office of Health and Human Services Massachusetts Household Survey Methodology Administered
More informationWomen in the Labor Force: A Databook
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 2-2013 Women in the Labor Force: A Databook Bureau of Labor Statistics Follow this and additional works at:
More informationSaving and Investing Among High Income African-American and White Americans
The Ariel Mutual Funds/Charles Schwab & Co., Inc. Black Investor Survey: Saving and Investing Among High Income African-American and Americans June 2002 1 Prepared for Ariel Mutual Funds and Charles Schwab
More informationVirginia Registered Voters Concerned About Impact of Expenses on Retirement
2018 VIRGINIA RETIREMENT SECURITY SURVEY HTTPS://DOI.ORG/10.26419/RES.00208.001 Many Feel Anxious and Behind Schedule About Retirement Survey findings show that many Virginia registered voters age 18-64
More informationJuly Sub-group Audiences Report
July 2013 Sub-group Audiences Report SURVEY OVERVIEW Methodology Penn Schoen Berland completed 4,000 telephone interviews among the following groups between April 4, 2013 and May 3, 2013: Audience General
More information2017 Long-Term Care Thought Leadership Research
2017 Long-Term Care Thought Leadership Research Findings from Surveys of Advisors and Consumers Part I and II Lincoln Financial Group and Versta Research October 2017 Originally published February 2018
More informationSocial Security: Is a Key Foundation of Economic Security Working for Women?
Committee on Finance United States Senate Hearing on Social Security: Is a Key Foundation of Economic Security Working for Women? Statement of Janet Barr, MAAA, ASA, EA on behalf of the American Academy
More informationPost-Retirement Risks and
Understanding and Managing Post-Retirement Risks A series of reports presenting highlights from the Society of Actuaries extensive body of research on post-retirement risks and issues. Post-Retirement
More informationWomen in the Labor Force: A Databook
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 9-2007 Women in the Labor Force: A Databook Bureau of Labor Statistics Follow this and additional works at:
More informationRetirement Savings Challenges for Women
Military Benefit Association mba@militarybenefit.org Retirement Savings Challenges for Women 11/4/2015 Page 1 of 12, see disclaimer on final page Special Challenges for Women When it comes to saving for
More informationAppendix A. Additional Results
Appendix A Additional Results for Intergenerational Transfers and the Prospects for Increasing Wealth Inequality Stephen L. Morgan Cornell University John C. Scott Cornell University Descriptive Results
More informationSOCIAL SECURITY Financial Literacy GUIDE
SOCIAL SECURITY Financial Literacy GUIDE A guide to the most important financial decision you ll likely make Carl Robinson & David Vinokurov 1 Outline Where does Social Security fit into my overall Financial
More informationFindings from Focus Groups: Select Populations in Dane County
W ISCONSIN STATE PLANNING GRANT Briefing Paper 3, September 2001 Findings from Focus Groups: Select Populations in Dane County Wisconsin is one of 20 states that received a grant in 2000-01 from the Health
More informationMost Tennessee Registered Voters are Behind Schedule in Saving for Retirement
2018 TENNESSEE RETIREMENT SECURITY SURVEY HTTPS://DOI.ORG/10.26419/RES.00211.001 Most Tennessee Registered Voters are Behind Schedule in Saving for Retirement Survey findings show that many Tennessee registered
More informationWomen and Money. Real Life Series: Maximizing your
Maximizing your 401K myteam@happinessdividend.com @HappinessDiv https://www.facebook.com/happinessdividend To discuss your personal financial needs, please contact: Jonathan K. DeYoe, AIF and CPWA, is
More informationHeartland Monitor Poll XXI
National Sample of 1000 AMERICAN ADULTS AGE 18+ (500 on landline, 500 on cell) (Sample Margin of Error for 1,000 Respondents = ±3.1% in 95 out of 100 cases) Conducted October 22 26, 2014 via Landline and
More informationWomen in the Labor Force: A Databook
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 12-2011 Women in the Labor Force: A Databook Bureau of Labor Statistics Follow this and additional works at:
More informationFor Your Name and Spouse Here. Presented by: Dolph Janis Clear Income Strategies Phone:
For and Here Presented by: Dolph Janis Phone: 74-99-49 Email: dolph@cisforlife.com Important Notes This analysis provides only broad, general guidelines, which may be helpful in shaping your thinking about
More informationTrying the Impossible - Financing 30-Year Retirements with 40-Year Careers: A Discussion of Social Security and Retirement Policy
John B. Shoven Charles R. Schwab Professor of Economics Stanford University Trying the Impossible - Financing 30-Year Retirements with 40-Year Careers: A Discussion of Social Security and Retirement Policy
More informationChanges in Stock Ownership by Race/Hispanic Status,
Consumer Interests Annual Volume 53, 2007 Changes in Stock Ownership by Race/Hispanic Status, 1998-2004 In 2004, 57% of White households directly and/or indirectly owned stocks, compared to less than 26%
More informationWomen in the Labor Force: A Databook
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 12-2010 Women in the Labor Force: A Databook Bureau of Labor Statistics Follow this and additional works at:
More informationINVESTING IN YOURSELF
Investment Planning INVESTING IN YOURSELF Women are different from men. So are your financial planning needs. 2 INVESTING IN YOURSELF WOMEN & MONEY There are many reasons why you might require a different
More informationMarital status, money and retirement
Marital status, money and retirement A Voya Retirement Research Institute study that looks at retirement and finances for singles, married and divorced men and women. Marriage and Money Singles most highly
More informationIncome of the Aged Chartbook, 2004
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 9-2006 Income of the Aged Chartbook, 2004 Social Security Administration Follow this and additional works at:
More informationProperty Settlement Workbook
Property Settlement Workbook This workbook can help you work out who should get what after you separate. Disclaimer The guidance provided in this workbook is not legal advice, it is information only. This
More informationChallenge. If you have any questions on the book or on planning your retirement please contact the author Marc Bautis.
Retirement Fitness Challenge The Retirement Fitness Challenge, while simple in concept, is an evolving program that presents different layers of complexity based on each retiree s unique needs. The following
More informationCapturing a wealth of opportunity A guide to successfully attracting and retaining women clients
Capturing a wealth of opportunity A guide to successfully attracting and retaining women clients The Lincoln National Life Insurance Company Lincoln Life & Annuity Company of New York For broker-dealer
More informationThe Hartford partnered with the MIT AgeLab to conduct original research on couples and their financial planning to:
2 Couples Planning A shared financial planning style is essential for couples today. Research from The Hartford and the MIT AgeLab shows that couples who use a division of labor approach to handle financial
More information2016 AARP Arizona Voter Retirement Security Survey Annotation
2016 AARP Arizona Voter Retirement Security Survey Annotation Registered Voters Age 35-70 Sampling Questions 1. Age of Respondents [35-70 Registered Voters] 35-49 37.3% 50-64 44.8% 65-70 17.9% 2. Are you
More informationIf you have questions about how much your fee will be, you may stop by or call with your income information before your appointment.
238 Arsenal Street, Watertown, NY Family Practice Office: (315) 782-6400 Fax: (315) 782-1330 Adult Office: (315) 782-9903 Fax: (315) 788-0087 Dental Office: (315) 788-9834 Fax: (315) 788-5456 7785 N. State
More informationThe Relationship Between Income and Health Insurance, p. 2 Retirement Annuity and Employment-Based Pension Income, p. 7
E B R I Notes E M P L O Y E E B E N E F I T R E S E A R C H I N S T I T U T E February 2005, Vol. 26, No. 2 The Relationship Between Income and Health Insurance, p. 2 Retirement Annuity and Employment-Based
More informationMassMutual Women s Retirement Risk Study
A P R I L 2 0 1 8 July 2018 MassMutual s Retirement Risk Study Background & Methodology Background To better understand the investment preferences and philosophies of women approaching retirement as well
More informationHOW TO POTENTIALLY OPTIMIZE SOCIAL SECURITY BENEFITS
HOW TO POTENTIALLY OPTIMIZE SOCIAL SECURITY BENEFITS TABLE OF CONTENTS Executive Summary... 2 The Status of Social Security... 2 Timing Your Benefit Distributions... 3 A Look at Spousal Benefits Plan for
More informationWomen Voters Ages 50+ and the 2016 Election. Annotated Questionnaire for Women Ages 50+ in Florida* TOTAL Unweighted N=
Women Voters Ages 50+ and the 2016 Election Annotated Questionnaire for Women Ages 50+ in Florida* Please note that all results shown are percentages. TOTAL 50-69 70+ Unweighted N= 717 475 242 Northeast...
More informationIncome of the Aged Chartbook, 2002
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 9-2004 Income of the Aged Chartbook, 2002 Social Security Administration Follow this and additional works at:
More informationWomen & Retirement: 3 Unique retirement challenges women face today. Video Transcript
Women & Retirement: 3 Unique retirement challenges women face today Video Transcript Recorded on September 8, 2014 Featuring: Michael Santoli, Senior Columnist, Yahoo! Finance Debra Greenberg, Director
More informationWhither Retirement Strategies?
Whither Retirement Strategies? Discussion of Byrne & Reilly and Fitchner & Seligman papers PENSION RESEARCH COUNCIL 2017 CONFERENCE Emily Kessler, FSA, Society of Actuaries 04 May 2017 How do you prepare
More informationGender Pay Differences: Progress Made, but Women Remain Overrepresented Among Low- Wage Workers
Cornell University ILR School DigitalCommons@ILR Federal Publications Key Workplace Documents 10-2011 Gender Pay Differences: Progress Made, but Women Remain Overrepresented Among Low- Wage Workers Government
More informationThe Social Side of Retirement SM
The Social Side of Retirement SM Exploring Social Security Retirement Benefits TABLE OF CONTENTS 2 Social Security and you 3 Filing for benefits 6 Benefits for spouses 8 How spousal benefits work 13 Working
More information2008 Financial Literacy Survey
Summary Report and Topline 2008 Financial Literacy Survey Prepared by Princeton Survey Research Associates International for the National Foundation for Credit Counseling and MSN Money 04.29.08 Many economists
More informationMen Women Phoenix Rest of Maricopa Pima South North...
Arizona Education Association Special Election Eve/Day Survey May 16-17, 2016 500 special election voters Gender Men... 48 40 59 Women... 52 60 41 Region Phoenix... 19 21 19 Rest of Maricopa... 40 38 41
More informationHuffPost: Survey questions revisited
1. Hitchhikers Have you ever given rides to hitchhikers? Yes 31% 35% 40% 23% 18% 25% 35% 45% 35% 15% 24% 36% No 69% 65% 60% 77% 82% 75% 65% 55% 65% 85% 76% 64% Totals 100% 100% 100% 100% 100% 100% 100%
More informationCOCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING
COCKBURN LUCAS INDEPENDENT FINANCIAL CONSULTING Guide to Inheritance Tax Contents This guide provides general guidance only and should not be relied on for major decisions on property or tax. You should
More informationThe 2007 Retiree Survey
The Ariel-Schwab Black Investor Survey: The 00 Retiree Survey October 11, 00 BACKGROUND, OBJECTIVES, AND METHODOLOGY Ariel Mutual Funds and The Charles Schwab Corporation commissioned Argosy Research to
More informationIWPR R345 February The Female Face of Poverty and Economic Insecurity: The Impact of the Recession on Women in Pennsylvania and Pittsburgh MSA
INSTITUTE FOR WOMEN S POLICY RESEARCH Briefing Paper IWPR R345 February 2010 : The Impact of the Recession on Women in and Ariane Hegewisch and Claudia Williams Since the beginning of the recession at
More informationFinancing the Emerging Firm
Financing the Emerging Firm William B. Gartner Casey J. Frid John C. Alexander Small Business, Entrepreneurship and Economic Recovery Conference, FRB-A October 2010 What do we mean by emerging firm? Attempts
More informationBriefing Paper. Growing the Social Security Crisis: The Social Security Administration s Poverty Rate Projections. By Dean Baker and Mark Weisbrot 1
cepr Center for Economic and Policy Research Briefing Paper Growing the Social Security Crisis: The Social Security Administration s Poverty Rate Projections By Dean Baker and Mark Weisbrot 1 January 18,
More informationM A Y MassMutual Asian American Retirement Risk Study
M A Y 2018 MassMutual Asian American Retirement Risk Study Background & Methodology Background To better understand the investment preferences and philosophies of those approaching retirement as well as
More informationGAO GENDER PAY DIFFERENCES. Progress Made, but Women Remain Overrepresented among Low-Wage Workers. Report to Congressional Requesters
GAO United States Government Accountability Office Report to Congressional Requesters October 2011 GENDER PAY DIFFERENCES Progress Made, but Women Remain Overrepresented among Low-Wage Workers GAO-12-10
More informationSocial Security. Know your options to help maximize your benefits FOR INVESTORS. Not FDIC Insured May Lose Value No Bank Guarantee
Social Security Know your options to help maximize your benefits FOR INVESTORS Not FDIC Insured May Lose Value No Bank Guarantee What you need to know before you collect Today s agenda: Social Security
More informationWhat is the status of Social Security? When should you draw benefits? How a Job Impacts Benefits... 8
TABLE OF CONTENTS Executive Summary... 2 What is the status of Social Security?... 3 When should you draw benefits?... 4 How do spousal benefits work? Plan for Surviving Spouse... 5 File and Suspend...
More informationThe Affordable Care Act Has Led To Significant Gains In Health Insurance Coverage And Access To Care For Young Adults
The Affordable Care Act Has Led To Significant Gains In Health Insurance Coverage And Access To Care For Young Adults Benjamin D. Sommers, M.D., Ph.D., Thomas Buchmueller, Ph.D., Sandra L. Decker, Ph.D.,
More informationConsumer Literacy & Credit Worthiness
Consumer Literacy & Credit Worthiness June 1, 2005 Marsha J. Courchane, Principal, ERS Group Peter M. Zorn, VP, Housing Analysis, Research & Policy, FMAC Prepared for: Wisconsin Department of Financial
More informationA REVISED MINIMUM BENEFIT TO BETTER MEET THE ADEQUACY AND EQUITY STANDARDS IN SOCIAL SECURITY. January Executive Summary
January 2018 A REVISED MINIMUM BENEFIT TO BETTER MEET THE ADEQUACY AND EQUITY STANDARDS IN SOCIAL SECURITY Executive Summary Kimberly J. Johnson, Assistant Professor, School of Social Work, Indiana University
More informationImportant Beneficiary Information
Important Beneficiary Information When you complete your Designation of Beneficiary Form ( Beneficiary Form ), you are naming a person or persons who will receive, upon your death, any remaining account
More informationHow People Plan for Retirement
Understanding and Managing Post-Retirement Risks A series of reports presenting highlights from the Society of Actuaries extensive body of research on post-retirement risks and issues. How People Plan
More informationSocial Security - Retire Ready
H.Haller Financial Howard Haller, CFP 28 West Bridge Street Saugerties, NY 12477 845-246-1618 fritz@hhallerfinancial.com www.hhallerfinancial.com Social Security - Retire Ready 2/26/2014 Page 1 of 16,
More informationPossibly the Best Way to Pass Assets to Your Children or Other Loved Ones: GST Planning - Part One. By Richard M. Morgan & Loraine M.
Possibly the Best Way to Pass Assets to Your Children or Other Loved Ones: GST Planning - Part One By Richard M. Morgan & Loraine M. DiSalvo Eventually, we all pass on. At that point, assuming we didn
More informationInterview With IRA Expert Ed Slott
Interview With IRA Expert Ed Slott By Robert Brokamp September 2, 2010 Motley Fool s Rule Your Retirement Certified public accountant Ed Slott, the author of five books, is considered one of America's
More informationHow to Die and Really Mess Things Up. (And not just by dying)
How to Die and Really Mess Things Up (And not just by dying) Linda Willcox Whetung, B.A., J.D. Whetung Law Presentation to the Women s Business Network Of Peterborough January 9, 2013 Whetung Law Barristers,
More informationSocial Security Planning
Stephanie E. Doyle Investment Management Stephanie Doyle Investment Advisor 14111 Bloomingdale Manor Cypress, TX 77429 713-447-5319 investmentmgmt@entouch.net investmentmgt.net Social Security Planning
More informationSolving the Social Security Puzzle
Solving the Social Security Puzzle What You Need to Know About Your Social Security Benefits Before You Claim Robin Brewton VP of Client Services This presentation is provided by Social Security Solutions.
More informationIII. Alternatives for Providing Family Retirement Benefits in Social Security and Employer-Sponsored Pension Plans. Anna M. Rappaport * and Manha Yau
III Alternatives for Providing Family Retirement Benefits in Social Security and Employer-Sponsored Pension Plans Anna M. Rappaport * and Manha Yau Presented at Retirement Implications of Demographic and
More informationPolitics and Economics: The Struggle of Reason with Emotion
Politics and Economics: The Struggle of Reason with Emotion February 13, 2012 copies of this presentation can be found at www.antonydavies.org 1 Much valuable discussion fails to occur because of pride
More informationCommunity-Based Savings Groups in Cabo Delgado
mozambique Community-Based Savings Groups in Cabo Delgado Small transaction sizes, sparse populations and poor infrastructure limit the ability of commercial banks and microfinance institutions to reach
More information