The U.S. Census Bureau projects the number of Americans ages 100 and older to more than quadruple over the next three decades, from an estimated 101,000 in 2024 more… U.S. Centenarians Projected to Quadruple Over Next 30 years
The U.S. Census Bureau projects the number of Americans ages 100 and older to more than quadruple over the next three decades, from an estimated 101,000 in 2024 more… U.S. Centenarians Projected to Quadruple Over Next 30 years
One way to fix America’s retirement system is to provide better access to housing equity in retirement, according to a recent paper published by economists Ben Harris and more… Improving Access to Home Equity Can Help Fix America’s Retirement System
The Retirement Security Project at The Brookings Institution convened an event recently that traced the evolution of retirement policy in recent decades and discussed the many ways to more… Brookings Institution Examines Evolution of Retirement Policy
More than 338,000 Americans moved to another state to retire in 2023, according to Census Bureau data analyzed by the online moving resource, Hire a Helper. Why it more… Seniors Flocked to These States in 2023
A recent article in Kiplinger’s Personal Finance offers advice for retirees who are thinking about selling their home and either downsizing or upsizing to a property that better more… For Boomers Who Can’t Downsize, a Reverse Mortgage Can Help
The retirement planning landscape is getting a major facelift in 2024 as provisions of 2022’s SECURE Act 2.0 kick in, bringing key changes intended to expand workers’ savings more… How Secure Act 2.0 Improves Retirement Saving in 2024
Taxes on Social Security benefits and increased Medicare costs could impact retirees’ budgets in the new year, according to an article by Yahoo Finance. What they’re saying: “Because more… The Biggest Retirement Changes Coming In 2024
The number of households headed by a person aged 80 and over will more than double to nearly 17 million between 2021 and 2040. However, the United States more… The Challenges Caring For An Aging Population
Jackson National Life Insurance Company, in partnership with the Center for Retirement Research at Boston College, published a study on how retirees and financial professionals perceive retirement risk more… Study: Retirement Investors Inaccurately Predict Life Expectancy
Transamerica surveyed its policyholders about their experiences with long-term care, their biggest concerns, and how and where they prefer to receive care, if needed. Why it matters: As more… Transamerica Report Underscores Importance of LTC Planning
New research from the Transamerica Center for Retirement Research, titled Life in Retirement: Pre-Retiree Expectations and Retiree Realities, describes the retirement aspirations and insecurities of retirees and age more… Life in Retirement: Pre-Retiree Expectations and Retiree Realities
Living costs and inflation rates vary considerably around the country, which means a Social Security check or other retirement assets go farther in some regions than in others. more… True Cost of Growing Older in America
We all benefit from being able to go online. The internet keeps us entertained and connected, and during the times we can’t get out and socialise, it’s a more… Insights into digital banking
The National Council on Aging has put together a comprehensive guide of resources for older adults living alone, empowering them to thrive independently and access essential services. As more… Resources and Support for Older Adults Living Alone: A Comprehensive Guide (2023)
More Americans have been downsizing their living spaces in recent years. According to Realtor Magazine, people looking to downsize accounted for 28% of real estate transactions in 2020. Although more… A Comprehensive Guide to Downsizing Your Home (2023)
Eighty percent of U.S. households with older adults, or roughly 47 million households, are financially struggling today or are at risk of falling into economic insecurity as they more… NCOA: 47 Million Older Households Facing Financial Risks
To help alleviate retirees’ biggest concern that they will run out of money in retirement, two of the world’s largest retirement plan providers, State Street Global Advisors and more… 401(k) Retirement Accounts Could See Some Big Changes
Working Americans ages 45 and older believe it will take $1.1 million in savings to retire comfortably, yet the majority (59 percent) expect to have less than $500,000 more… Americans Need $1.1M For Retirement, But Few Think They Will Get There