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The economic security of older women and men in the United States.

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| November 01, 2007 | COPYRIGHT 2007 Institute for Women's Policy Research. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Social Security is the most common source of income for seniors in the United States, and is especially crucial for women.

* Nearly 9 in 10 men and women aged 65 or older receive Social Security benefits (Table 2).

* For older women, Social Security averages half of their income (50 percent of income; Figure 4).

Fewer older women than men have pension income.

* Fewer than 1 in 3 women receives pension income compared with nearly 1 in 2 of men (Table 2).

* For those who have pensions, the typical woman receives little more than half as much as the typical man ($6,388 versus $11,971; Table 2). Comparing all women and men (those with and without pensions) women's pension income averages only about one-third of men's (Figure 4).

The majority of older women live alone.

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