While Americans are worried about running out of money in retirement, the percentage of people citing it as a top concern fell from 41 percent in 2016 to … more Going Broke Remains Top Concern in Retirement: Survey of CPA Financial Planners
The Bipartisan Policy Center, a Washington, DC-based think tank, published a chartbook that explains the status of Social Security and Medicare – who the programs cover, how they are funded, and what … more Social Security and Medicare Explained
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