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Yet these women face challenges, including age bias. Many had interrupted their careers to raise families. sector They typically earn less than men and are less likely to have a pension and adequate savings. They often live longer and are more likely to be single or widowed. Living alone, they must rely on their earnings and investments to support themselves in retirement. "Women at 55 or 60 are less likely sector to have the kinds of income and advantages that men have," says Marcie Pitt-Catsouphes, co-director sector of the Center on Aging & Work at Boston College. "That means their choices about retirement would be different." A new study by Putnam Investments, "The Working Retired," found that one-third of newly retired men and women, with an average age of 61, returned to work after 18 months. Two-thirds chose to work, while one-third had to work.
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