Women may claim Social Security at age 62, but since they live longer than men, claiming later is recommended, even if it means a temporary reduction. This is because they need their benefits to last longer and Social Security offers guaranteed income for life. Delaying claiming also increases the benefit amount due to delayed retirement credits. Additionally, women often save less than men for retirement, making guaranteed income sources like Social Security even more crucial.
Higher education doesn't always lead to financial success. Instead, consider diversifying your income by starting side hustles like creating short videos, investing, building online communities, offering online coaching, making AI animations, or exploring luxury item resale and writing. These strategies can provide both financial rewards and valuable experiences.
