A brief from the Center for Retirement Research at Boston College has good news and bad news for women. (Photo: Shutterstock)
The poverty rate for widows has dropped “sharply” since the mid-1990s, but that doesn't mean that widows are facing the same level of risk for poverty as married women.
That's according to a brief from the Center for Retirement Research at Boston College, which finds that although several factors have combined to lower widows' risk of poverty, they still face a future scenario in which poverty is more likely for them than for their married sisters.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
