Retirement Research

Consumer spending among Americans aged 55 and over fell in 2015 and 2016, according to a recent report by the JPMorgan Chase Institute, which may not bode well for the U.S. economy if the trend continues. That’s according to MarketWatch retirement columnist Steve Vernon in his latest column, The downside of seniors spending less to save more. … more Senior Spending Declines Two Straight Years

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

Oregon is among a growing list of states that are expanding efforts to give more people access to retirement savings accounts, even as the federal government shut down a program that aimed to do the same. In her article, States to pick up slack on retirement savings as feds back out, CNBC personal finance writer … more States Picking Up the Slack on Retirement Savings

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

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

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

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

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

In his latest column for CBS MarketWatch, retirement expert Steve Vernon highlighted a recent survey of workers in 26 countries by Natixis Global Asset Management in which nearly half of the respondents said receiving an inheritance will be part of their retirement plan. And more than three-fourths said they were counting on family support to help fund … more Misguided Thinking About Retirement

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