Welcome to Retirement Scan, our daily roundup of retirement news.
Married women experience higher retirement risk
Retirement risk is greater with married women than single women, according to a study by the Boston College Center for Retirement Research in this Morningstar article. “The big issue here is being able to maintain your standard of living in retirement. It’s true that single women are more likely to find themselves living in poverty, but … [m]arried women tend to be less prepared, because of the need to replace two incomes,” says one of the researchers.
