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Home›Expert Advice›7 Ways Social Security Affects Women

7 Ways Social Security Affects Women

By Our Editorial Team  |  Published October 20, 2022

Expert Verified

Our editorial team verifies all financial and lifestyle information for accuracy and relevance to senior living.

Image By shurkin_son From Shutterstock

Women Face Greater Economic Insecurity During Retirement Than Men

Even if women do live longer, they receive a lower pension income than men, according to the SSA. How so? Don’t all women work and pay contributions so they can get more Social Security credits and enjoy a higher benefit during retirement?

Unfortunately, women are still paid less than men. A 2021 Fidelity survey shows that the average total earning for women is only $27,165, while men get $43,703.

As a result, there is also a gender gap in pensions. A woman will live her golden years with fewer Social Security benefits, and thus she is more likely to face greater financial challenges. In fact, according to the SSA, around 12% of women over the age of 65 live in poverty, while the percentage for older men is 7%.

If you’re a woman, this may serve as a wake-up call. Financial experts recommend investing wisely to avoid any financial troubles and get the most out of your Social Security benefits.

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8 responses to “7 Ways Social Security Affects Women”

  1. Ileana serrano says:
    December 27, 2022 at 4:28 pm

    I am a federal employee and will turn 65 in 2023. I am still working. Do I have to apply for SS or can I delay till I retire?

    Reply
  2. Ronald R. Welpott says:
    December 31, 2022 at 4:04 am

    My wife and I are 74 and 81 respectively. Her SS benefit is $898 and mine is $2416. If I die first, what would be the best way for her to maximize her income?

    Reply
  3. Joe Weise says:
    January 2, 2023 at 6:28 pm

    i took SS at 62 . Will my wife’s benefit be reduced up to 30% if I die first?

    Reply
  4. Patricia Onanian says:
    January 3, 2023 at 6:09 pm

    Hi
    Is there any bill in Congress to increase senior women’s income, as we still get paid lower than men!!

    TY

    Reply
  5. alexander schwencke says:
    February 8, 2023 at 1:47 pm

    if you were divorcedbut married for 10 years and now re married and die who gets s s benefits

    Reply
  6. Joe Patterson says:
    February 8, 2023 at 3:48 pm

    I am 75 years old. I am a man. My Social Security is less than a 1,000 dollers a month.

    Reply
  7. frances Williams says:
    February 8, 2023 at 5:56 pm

    I 66 don’t have a good retirement other SSA
    Which I can live off
    But I have training and experience
    Can work in a lot of industries and remote to supplement my retirement which can be very helpful
    Age of course is the problem

    Reply
  8. Barbara Tyler says:
    February 9, 2023 at 5:27 am

    My husband died 7/18/22 he was 68 yrs old and worked his entire adult life I only collect $800 from his SS. I can’t believe that with my SS I get $772 I can only pay the mortgage. Is this low income SS.

    Reply

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