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THE HIGH COST OF LIVING LONGER: WOMEN AND RETIREMENT HEALTH CARE

Women face a unique set of challenges when it comes to planning for retirement. Increased longevity, lifetime income disparities, inadequate retirement savings, lower average Social Security disbursements (compared to men), rising divorce rates for those over 50,1 the potential death of a spouse (who would often handle financial planning), and dwindling employment opportunities later in life are some of the hurdles women must overcome to attain a level of financial security in retirement.