Disenfranchisement of the Social Security Program

Disenfranchisement of the Social Security Program
The Elderly Women.
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The Elderly Women.
Social Security programs have played a significant role in the reduction of elderly poverty over time. It is true that in the U.S 15.3 million seniors would today be in poverty if there was no Social Security. (Gould, E. 2014). That could mean the poverty rate amongst the elderly would be four times what it is today. This security has helped to keep most of the people above the poverty line.
However, it is also evident that the Social Security, as much as it is highly valuable, is not able to offer a lavish living to this group. Most of the seniors in America depend on the retirement that takes care of the basic necessities, which is a simple, dignified quality of life. Almost half of the America elderly population are “economically vulnerable,” that is, to have an income which is lower than twice the supplemented threshold.
When the vulnerability of the women is compared to that of men, it is evident that women are more economically vulnerable than the senior men. At the age of 65, 52.6 percent of the total number of women are financially vulnerable while men are about 41.9 percent. (Gould, E. 2014). Therefore, the men’s share during this distribution is always higher than that allocated to the women. It means that retirement security is a big issue as far as the senior women as concerned. It is also evident from facts that women lifespan is higher than that of men and this even makes the planning to be more challenging, and this is evident from the fact that women are more likely to become economically vulnerable than the senior men.

In the recent past decades, some of the elements have worked while some did not work. For instance, the 401-k revolution has left a significant number of the American to be in a state where they are not prepared to face the retirement particularly the senior women.
Reference
Gould, E. (2014). Elderly Women the Most Vulnerable, Social Security the Most Protective. Retrieved from

Elderly Women the Most Vulnerable, Social Security the Most Protective