Which statement best describes older women's finances compared with older men's?

Question

Quizplus · Accepted Answer

This is the best choice because it accurately reflects the financial situation of many older women. Due to factors such as unequal pay and caregiving responsibilities, many women have worked fewer years and earned less than men, resulting in smaller pensions. While some women may also depend solely on the Old Age Security Pension, this is not a universal experience. Additionally, there is no evidence to suggest that fewer women survive long enough to qualify for a pension. While more women may be contributing to the Canada Pension Plan, this alone does not necessarily lead to improved financial security in old age.

Which Statement Best Describes Older Women's Finances Compared with Older