Skip to main content
No. of Recommendations: 12
Women have a huge macro impact on our economy. Women are the majority of the population at all ages and are projected to be so for the foreseeable future.

The gender gap in life expectancy is narrowing. In 1990, there was a seven-year gap in life expectancy between men and women. By 2013, this gap had narrowed to less than five years (76.4 years versus 81.2 years).

The poverty rate for Americans ages 65 and older has dropped sharply during the past 50 years, from nearly 30 percent in 1966 to 10 percent today. However, minority groups have much higher poverty rates than non-Hispanic whites.

Women turning 65 today can expect to live another 20.6 years, more than 2 ½ years longer than men. In fact, I will be turning 65 next week so that's pretty interesting.

Here is a good article about the macro impact of women's retirement. In a nutshell, women are paid less, their retirement accounts are smaller, they invest more conservatively and get smaller returns, they live longer, the older they get the more likely they are to live alone, they are more likely to age into a time period when the Social Security and Medicare trust funds are depleted.

The impact on the economy and government spending will be gradual but relentless. On a micro level, women should consider working past retirement age if they are not fully funded for retirement. On a macro level, economic growth will slow as financially-strapped retirees spend less and require more care.

Print the post  


This is a Politics Free Board
Politically charged posts are not permitted on the Metar Board. If you make a political post, and it is alerted, the post will be removed. Thanks!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.