smiling older woman with money The move during the 1970s and 1980s of women into the workplace, coupled with better education leading to better jobs, means that women have increased their financial independence. (Photo: Shutterstock)

Thanks to changes in everything from work records to the workplace itself, the poverty rate of widows should keep falling into the future.

That’s according to the Center for Retirement Research at Boston College, which points out that while it’s common for widows to end up poverty-stricken if they lose a husband’s pension on his death—as well as because of a drop in retirement income from Social Security when the late husband’s benefit ceases—other changes in women’s circumstances have meant that for the past 20 years their poverty rate has been on the decline.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

More from this author



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.