58% of older women rely on Social Security for more than half of their incomes.

Image via WikipediaNearly six in ten (58.3 percent) of women age 65 or older receiving Social Security benefits relied on these benefits for half or more of their income in 2008, compared to just over half (50.3 percent) of older male beneficiaries. Older African-American and Hispanic women are especially reliant on Social Security, with almost three in ten (29.2 percent and 28.0 percent respectively) having no other source of income in retirement, almost double the share of white women (16.6 percent). These statistics are from the Social Security Administration.
Source: Social Security Administration, “Income of the Population 55 or Older, 2008,” April 2010, Tables 9.B1, 9B4.

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