Interactive Tool Helps Consumers Avoid Retirement Planning Mistakes

The Center for Retirement Research at Boston College unveiled a new interactive program, called Curious Behaviors That Can Ruin Your Retirement, that helps consumers avoid certain behaviors that could impede their retirement planning. A host leads users through exercises designed to create an “Aha!” moment as they relate to the behaviors. The host then explains … more Interactive Tool Helps Consumers Avoid Retirement Planning Mistakes

How the Rich Prepare for Retirement

A new UBS Wealth Management Americas survey found that affluent retirees left the workforce only after accumulating a certain level of assets, invested more heavily in stocks compared to prior generations and conducted lifestyle planning to ensure they remained active and happy. That’s according to Money’s retirement columnist, Walter Updegrave, who discussed these key survey takeaways in … more How the Rich Prepare for Retirement

New Interactive Retirement Tool

The Center for Retirement Research at Boston College unveiled a new interactive program, called Target Your Retirement, that helps near retirees develop reasonable plans for maintaining their standard of living in retirement. With user inputs, the program calculates an income target and estimates how close the user is to hitting it. Target then lets users adjust three … more New Interactive Retirement Tool

Reverse Mortgages Offer Solution to Pay for Family Caregiving

Millions of retirees will receive long-term care – not from an assisted living facility or home care agency, but from their adult children – and a reverse mortgage could provide needed funds to pay for such services, according to an article that appeared on ThinkAdvisor.com, entitled Preparing Clients for Family Caregiving. While family caregiving is … more Reverse Mortgages Offer Solution to Pay for Family Caregiving

Employer Retirement Contributions Fall

Bloomberg reported this week that U.S. employers cut their contributions to workers’ retirements by a quarter from 2001 to 2015, according to a report by the consulting firm Willis Towers Watson. The biggest driver: the decline of traditional defined-benefit pensions, replaced by stingier, 401(k)-style, defined-contribution plans. Retirement benefits—including employer contributions to pensions, 401(k)s and retiree … more Employer Retirement Contributions Fall

NRMLA Webinar Featured in Squared Away Blog on Home Modifications

Published through the Center for Retirement Research at Boston College, today’s Squared Away Blog post addressed the growing desire of aging Americans to upgrade their home environments so that they can age in place – and how a reverse mortgage can pay for these renovations. In her article Retrofitting Your Home for Old Age, Squared … more NRMLA Webinar Featured in Squared Away Blog on Home Modifications

Older Homeowners To Account For 1 Out Of 3 Households By 2035

Thanks to advances in health and longevity, 50 million households—one out of every three—will be headed by older adults by 2035, including 16 million households headed by those over age 80, according to the annual State of the Nation’s Housing report published by Harvard’s Joint Center for Housing Studies. “The magnitude of growth in older … more Older Homeowners To Account For 1 Out Of 3 Households By 2035