Questions
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Why are women at risk for poverty during their later years? How does working part-time leads to problems women face later in life How does partner status influence the likelihood of becoming impoverished?
Answer
Why are women at risk for poverty during their later years?Generally, at older years, most women are either widowed or divorced. Sugar (2019) states that the population of women who are above 65 years is three times that of men. Widowhood during older years increases womens risk to poverty. This is because most women depend on their husbands social security and once the husband dies, the social benefits are reduced to those of a single person. Womens risk of being poor during older years also increases because most of the family savings might be used in servicing the husbands medical bills leaving them in huge loans, which they have to repay years after the husbands death. The other factor that increases womens risk to poverty is the fact that pension plans in most institutions are based o...
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