Yahoo Finance published a state-by-state listing that included average retirement ages, dollar amounts needed annually to live a comfortable retirement and retirement savings needed. Although “full retirement age” for Social Security … more Retirement Numbers By State
Retirement Issues and Trends
Fidelity: Number of 401(k) and IRA Millionaires Hits Record
Retirement account balances, which took a sharp nosedive almost exactly one year ago when the coronavirus outbreak caused economic shockwaves, have now bounced back entirely, according to the … more Fidelity: Number of 401(k) and IRA Millionaires Hits Record
Fidelity: Projected Healthcare Expenses Reach Record High
New research from Fidelity forecasts the average 65-year-old couple will spend $300,000 on healthcare in retirement, while the 2021 estimate for singles is $157,000 for women and $143,000 for … more Fidelity: Projected Healthcare Expenses Reach Record High
Motley Fool: Couples Need At Least $650,000 to Retire
Couples need between $650,000 and $860,000 in savings to remain financially independent in retirement, according to a new article from Motley Fool reporter Ryan Downey. Downey says the … more Motley Fool: Couples Need At Least $650,000 to Retire
EBRI Survey: Americans More Optimistic About Financial Future
As life gets back to normal and the economy continues its recovery, the outlook among retirees and workers concerning their financial future remains optimistic. The Employee Benefit Research … more EBRI Survey: Americans More Optimistic About Financial Future
What Is the Average Retirement Savings By State?
In a new study, Personal Capital scanned the country to find out how people’s retirement savings stacked up. Researchers analyzed the retirement accounts of its 2.8 million dashboard … more What Is the Average Retirement Savings By State?
NY Times: 68.4 Percent of 55+ Households In Debt, But Solutions Exist
The Employee Benefit Research Institute says the share of households headed by someone 55 or older with debt — from credit cards, mortgages, medical bills and student loans … more NY Times: 68.4 Percent of 55+ Households In Debt, But Solutions Exist
Op-ed: More Boomers ‘Upsizing’ Their Homes in Retirement
Fueled by low interest rates and strong stock market returns, an increasing percentage of retirees are bucking a long-time trend and buying bigger homes in retirement, according to … more Op-ed: More Boomers ‘Upsizing’ Their Homes in Retirement
Experts Discuss Post-COVID Retirement Trends
In his latest column, retirement expert Robert Powell summarized key takeaways from a recent Merrill Lynch Wealth Management webinar that highlighted how the COVID-19 pandemic has accelerated many trends … more Experts Discuss Post-COVID Retirement Trends
COVID-19 Is Not a Retirement Story
A hot topic these days is how COVID-19 and the ensuing recession have affected retirement. The surprising answer may be “not very much,” according to a new issue … more COVID-19 Is Not a Retirement Story