A new report from the Transamerica Center for Retirement Studies® finds that, on average, 24 percent of U.S. workers are “very” confident that they will fully retire with … more Transamerica: Retirement Outlook Varies Widely By Demographics
Retirement Issues and Trends
Journal of Financial Planning Highlights Importance of Reverse Mortgages
Reverse mortgages can provide an essential risk mitigation tool for millions of retirees—dramatically reducing exposure to longevity and market risks while also growing their investment portfolios, according to … more Journal of Financial Planning Highlights Importance of Reverse Mortgages
Transamerica: COVID-19 Undermined Women’s Retirement Security
More than half of working women (51 percent) indicate their financial situation has been negatively impacted by the pandemic, according to a study released by the Transamerica Center … more Transamerica: COVID-19 Undermined Women’s Retirement Security
Urban Institute: Reverse Mortgages Can Help In Rising Rate Environment
A new report from the Urban Institute finds that older homeowners are carrying substantially more debt than they have over the past 20 years that has resulted in … more Urban Institute: Reverse Mortgages Can Help In Rising Rate Environment
Study: One-Third of Retirees Can’t Afford LTC
In the second of a three-part series, a new Issue Brief published by the Center for Retirement Research at Boston College concluded that about one-third of retirees do … more Study: One-Third of Retirees Can’t Afford LTC
U.S. Drops in Global Retirement Rankings
The United States slipped one spot to No. 17 among developed nations in the 2021 Global Retirement Index (GRI) released last week by Natixis Investment Managers (Natixis IM). … more U.S. Drops in Global Retirement Rankings
Retirees Could Get Their Biggest Social Security Raise in 40 Years
Social Security recipients are likely to get an annual cost of living adjustment (COLA) of 6 to a 6.1 percent in 2022, according to The Senior Citizens League, … more Retirees Could Get Their Biggest Social Security Raise in 40 Years
Social Security Trust Funds to Become Depleted One Year Sooner
This week, the Social Security Board of Trustees announced in its annual report that the combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI … more Social Security Trust Funds to Become Depleted One Year Sooner
Report: 82 Percent of U.S. Workers Saving for Retirement
Despite six in ten employed U.S. workers (60 percent) having made adjustments due to pandemic-related financial strain, 82 percent are still saving for retirement, including 84 percent of … more Report: 82 Percent of U.S. Workers Saving for Retirement
NCOA Highlights How Home Equity Can Help People Age In Place
Two new reports from the National Council on Aging examine how home equity can impact cash flow and enable more older adults to age in place. Both reports … more NCOA Highlights How Home Equity Can Help People Age In Place