Gender and Aging: The Socioeconomic Impact on Elderly Women and Men

Abstract

Aging is a universal phenomenon, yet its socioeconomic implications vary significantly based on gender. Elderly women and men experience aging differently due to disparities in health, financial security, social support, and access to opportunities. Women, due to longer life expectancies and historical labor market disadvantages, often face higher economic insecurity and a greater dependence on social welfare systems. Conversely, men, while potentially enjoying greater financial stability, are more prone to social isolation and health-related challenges. Gender-based discrepancies in pension benefits, workforce participation, and caregiving responsibilities further exacerbate the socioeconomic divide. Societal structures, including healthcare, legal frameworks, and retirement policies, play a critical role in shaping the aging experience of men and women. Cultural and institutional biases contribute to unequal access to resources, further disadvantaging elderly populations based on gender. This paper explores the intersection of gender and aging, highlighting the socioeconomic challenges that elderly individuals face and advocating for policy interventions that promote financial stability, healthcare access, and social inclusion. By addressing these disparities, societies can work towards an equitable aging experience that ensures dignity and security for all individuals, regardless of gender.