Chapter 14 discusses the financial status of elderly women. According to this discussion,
a. only about 10 of Canadian women over the age of 65 are in the low-income bracket.
b. in the United States, women over the age of 55 have an average annual income that is about 90 of the average annual income that men have.
c. Latina and African American women are just as likely as European American women to have a pension plan.
d. older women in the United States have lower incomes than older men, but women and men actually have comparable incomes, once you take health-care expenses into account.
Question 2Suppose that your aunt has just retired from her job at the age of 65 . If she is like most women in this situation, which of the following statements is likely to describe her adjustment to retirement?
a. She is likely to be looking forward to the routine work involved in maintaining a household.
b. She will probably be relieved that she doesn't have to deal with all the people at work.
c. She is likely to adjust well to retirement, in contrast to men who retire at the same age.
d. She may have difficulty adjusting to the drop in available income, following retirement.
Question 3According to Chapter 14, one suggested explanation for the fact that women have more trouble than men in adapting to retirement is that
a. men did not have to struggle for their rights to a career like women did; they are therefore less likely to appreciate it.
b. men have higher incomes, so women are more likely to have financial problems after retirement.
c. men are less interested in their careers; therefore, men are more prepared to retire than women are.
d. men are likely to be more interested in the daily routine of housework becauseunlike womenit is something they haven't yet experienced.
Question 4Which of the following women is likely to adjust best to retirement?
a. Helena, who retired because she wanted more time to go traveling
b. Joanna, who retired because her husband had retired
c. Tanya, who retired because she needed to take care of her elderly mother
d. Cindy, who retired because her company was downsizing
Question 5Studies on retired women show that these women
a. may experience more problems with retirement than men do.
b. may experience fewer problems than men, because they were less involved than men in their work.
c. may experience fewer problems than men, because they have more social contacts outside of work.
d. typically experience fewer problems than men because they are very involved in their roles as mothers.
Question 6Suppose that you are volunteering at a local retirement community. If the people there are typical in terms of retirement,
a. women will be less likely than men to have sought information about retirement benefits before they retired.
b. women will receive the same retirement benefits that men receive.
c. women will be less likely than men to have retired to take care of relatives who have health problems.
d. the married women will be more likely than the married men to be responsible for planning the financial aspects of retirement.