Retirement Issues and Trends

A new report from Morningstar suggests that the “4 percent” rule may be a safe option for retirees once again as investment portfolios recover from last year’s losses. … more Morningstar: 4 Percent Rule May Be Safe Again

Taxes on Social Security benefits and increased Medicare costs could impact retirees’ budgets in the new year, according to an article by Yahoo Finance. What they’re saying: “Because … more The Biggest Retirement Changes Coming In 2024

Non-retired Baby Boomers (ages 59-77) believe it will take $924,897 to retire comfortably, yet they expect to save $633,401 — a shortfall of $291,496, according to the Schroders … more Survey: Boomers Face $291K Retirement Shortfall

Despite COVID and the economic disruption that it caused, the Federal Reserve’s 2022 Survey of Consumer Finances (SCF) found that the median 401(k) balance for working households nearing … more Fed Report Shows 401(k) Holdings Increased 42 Percent Since 2019

While retirement savings behaviors remain strong, Fidelity Investments® reported an uptick in hardship withdrawals and 401(k) loans in its Q3 2023 retirement analysis as workers struggle with short-term … more Fidelity: More Workers Taking Money From 401(k)s to Pay Bills

The number of households headed by a person aged 80 and over will more than double to nearly 17 million between 2021 and 2040. However, the United States … more The Challenges Caring For An Aging Population

Jackson National Life Insurance Company, in partnership with the Center for Retirement Research at Boston College, published a study on how retirees and financial professionals perceive retirement risk … more Study: Retirement Investors Inaccurately Predict Life Expectancy

The Center for Retirement Research at Boston College published its 2023 Small Business Retirement Survey to better understand why smaller firms do or do not offer retirement savings … more Closing the Retirement Coverage Gap

Retiring Baby Boomers are increasing the demand for Social Security Administration (SSA) services at a time when budget constraints and retiring staff are limiting the agency’s capacity to … more How Satisfied Are Retirees with the Social Security Claiming Process?

The U.S. Census Bureau released a new report showing that about four million U.S. households with an adult age 65 or older had difficulty living in or using … more Census Bureau Releases New Report on Aging-Ready Homes