A recent survey of 750 American retirees conducted by Motley Fool found that 55 percent don’t believe the 8.7 percent cost-of-living adjustment for 2023 announced by the Social Security Administration…
Fortune published a balanced and informative article on reverse mortgages that examined how they work, key differences between HECMs and proprietary loans, and the pros and cons of getting…
A new survey from the Transamerica Center for Retirement Studies® finds almost half of Baby Boomer workers (49 percent) expect to or already are working past age 70…
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 8.7 percent in 2023, the Social Security Administration announced today. On average, Social…
Kiplinger conducted a survey that found more than 70% of individuals age 50 and older are concerned that inflation will cause serious economic hardship during their retirement. In…
Over the past decade, since 2012, at least 46 states have acted to implement a new program, study program options, or consider legislation to establish state-facilitated retirement savings…
Washington Post nationally syndicated personal finance columnist Michelle Singletary recommended to one of her readers this week that she consider a reverse mortgage to help finance home improvements. The…
Expanding access to retirement savings accounts remains a hugely popular issue for congressional lawmakers from both parties. When they return from their summer recess in September, lawmakers will…
More than two-thirds (70%) of American retirees wished they had saved more and planned earlier for retirement, according to the 2022 Retiree Reflections Survey, published recently by the Employee Benefit Research…
For many, retirement can feel a bit like a fairy tale. When you’re young and working, it might seem like slow-building retirement savings (if you have any) might…
A new survey from AARP finds that just over half of Americans in their 70s (51%) and 80s (52%) rate their financial situation today as excellent or very good. When…
MarketWatch interviewed several financial planners to find out what they’re recommending to their clients to lessen the impact of increasing inflation. The general consensus is that consumers should develop…
In a recent opinion piece, the editor’s at Bloomberg expressed strong opinions about the shortcomings of America’s retirement system and what Congress needs to do fix these problems.…
First of all, aging solo doesn’t have to be lonely. In fact, studies on childless adults show they’re no more lonely or depressed than adults with children. Many…
Rising prices are squeezing household budgets around the country and putting additional strain on its 56 million residents age 65 and up, many of whom rely on fixed…
In celebration of International Women’s Day (March 8) and Women’s History Month, the Transamerica Center for Retirement Research developed a new resource, the “Five Fundamentals for Retirement Readiness,”…
Most people think of reverse mortgages as just a standalone loan. But some financial experts are seeing them as an investment strategy that lets people stay in their…
Every worker should be prioritizing retirement savings to ensure they have a secure future. Investing for your later years is important because you can’t live on Social Security…