Social Security offers a minimum benefit to retired workers with very low career earnings. However, according to the final paper in a series of issue briefs on modernizing Social Security … more Why Social Security’s Minimum Benefit Needs Fixing
Nearly half of full-time workers ages 51 to 54 experience job loss after age 50 that substantially reduces earnings for years or leads to long-term unemployment, which then … more How Secure Is Employment at Older Ages? Not Very.
Fewer than half of retirees (46 percent) agree that they have built a large enough retirement nest egg, with only 16 percent “strongly” agreeing and 30 percent “somewhat” … more Transamerica: 46 Percent of Retirees Say They Are Financially Prepared
As Americans continue to live longer lives, they will by challenged by high out-of-pocket medical expenses, the possibility of making financial mistakes due to declining cognitive abilities and … more Longevity Could Exacerbate Challenges Facing Retirees
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RetirementLiving.com recently published a study on where retirees see themselves living, whether aging in place at home or transitioning to an assisted living facility. While 75 percent of people … more Where Do Retirees See Themselves Living?
HMBS issuance fell in November 2018 to just over $521 million, the lowest issuance level in over four years. In all, 84 pools were issued in November, the … more November 2018 HMBS: Looking For Mr. Good Nadir
Due to a severe loss of housing wealth from 2007 to 2016, a new report from the Center for Retirement Research at Boston College suggests that Hispanic households … more New Report Suggests Hispanic Households Face Difficult Retirements
The National Reverse Mortgage Lenders Association has compiled statistics and research on aging and retirement topics to assist with your article on reverse mortgages. You can also find … more Resources for Reporters and Interested Professionals
More than half of American households are now headed by someone 50 or over and the living arrangements, financial resources, health, and functional abilities of those households will … more Harvard: Over Half of U.S. Households Now Headed by Someone 50+