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The impact of minority group status on the projected retirement income of divorced women in the baby boom cohort
Author(s)Barbara A Butrica, Howard M Iams
Journal titleJournal of Women & Aging, vol 15, no 2/3, 2003
Pagespp 67-88
Sourcehttp://www.tandfonline.com
KeywordsEthnic groups ; Older women ; Divorced persons ; Income [older people] ; Pensions ; Social characteristics [elderly] ; United States of America.
AnnotationUsing projections from the US Social Security Administration's Modeling Income in the Near Term (MINT1), the characteristics and retirement income of white non-Hispanic, black non-Hispanic and Hispanic divorced women in the baby boom cohort were examined. Although significant differences were found in retirement income for divorced women of different racial and ethnic groups, the characteristics associated with higher or lower retirement income are very similar. Being college educated, owning a home and having pension and asset income, all these correspond to increased retirement income for all racial and ethnic groups. However, as black and Hispanic women are less likely than white women to be college educated, own their own home and to have pension and asset income, their retirement income tends to be lower than that of white women. Policy options regarding divorced women's retirement needs are briefly discussed. (KJ/RH).
Accession NumberCPA-040113211 A
ClassmarkTK: BD: SOJ: JF: JJ: F: 7T

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