The Case for Women Working Past 65

Submitted by Ferguson Financial Inc. on June 18th, 2018

Why striving to stay in the workforce a little longer may make financial sense.

Provided by Greg Ferguson

The median retirement age for an American woman is 62. The Federal Reserve says so in its most recent Survey of Household Economics and Decisionmaking (2017). Sixty-two, of course, is the age when seniors first become eligible for Social Security retirement benefits. This factoid seems to convey a message: a fair amount of American women are retiring and claiming Social Security as soon as they can.1

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