The changing role of women has led to a marked decline in replacement rates. For married households, the amount of pre-retirement income replaced by Social Security depends on the labor force activity of both spouses:
This whitepaper explores the decline in replacement rates over the years as it relates to the increased labor force participation of women.
Learn what the projected replacement rates will be for future retirees by downloading our complimentary whitepaper today.
April Yanyuan Wu joined the Center’s staff in July 2010. She earned her Ph.D. in Public Policy at the University of Chicago in 2010, where her doctoral dissertation focused on the changes of economic well-being of the elderly in retirement, as well as older adults’ social program participation decisions. Dr. Wu’s research interests cover a broad area of topics in public finance and labor economics, with emphasis on the economics of aging, how government policies influence individual behavior, and poverty and inequality.