Because of Social Security's progressive benefit formula, the average two-earner couple has a Social Security replacement rate that is not only lower than the one-earner couple but also that for single women. (Photo: Shutterstock)
Because of the way Social Security was designed—and when—women the most at risk for coming up short of funds in retirement are actually those in two-earner married couples.
This counter-intuitive finding is the conclusion of a brief from the Center for Retirement Research at Boston College, which sought to discover how a woman's changing marital history affects her retirement income.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
