“While it’s been widely accepted that women rely heavily on Social Security for much of their retirement income, the report by the Institute for Women’s Policy Research shows that men are in the same boat…

…Women generally earn less than men during their working years. They are also less likely to have pension income in retirement, making Social Security benefits critical to their survival.

‘Social Security is the one income stream that is secure and does not fluctuate with the marketplace,’ says Heidi Hartmann, president of the institute and the report’s lead author.”