As Americans grapple over where to live as they grow older, a recent meeting of aging and retirement experts hosted by the Urban Institute, a Washington, DC-based think … more Retirement Experts Proposed These Changes to Improve HECM
Retirement Research
Fed Survey: 45 Percent of 60+ Population Approve of Retirement Savings Rate
When asked whether they were saving enough for retirement, 45 percent of Americans age 60+ said they were on track, while 13 percent said they had no retirement … more Fed Survey: 45 Percent of 60+ Population Approve of Retirement Savings Rate
The Challenges of Paying for Long-Term Care
Ten years from now, an estimated 14.4 million middle-income Americans between the ages of 75 and 84 will need long-term care to remain active and independent but won’t … more The Challenges of Paying for Long-Term Care
Twenty Percent of Americans Age 65+ Haven’t Retired
For the first time in 57 years, the participation rate in the labor force of retirement-age workers has cracked the 20 percent mark, according to a new report … more Twenty Percent of Americans Age 65+ Haven’t Retired
Why Your Retirement Should Include a Reverse Mortgage
Following TheStreet.com’s Retirement, Taxes & Income Strategies Symposium held recently in New York, longtime financial journalist, author and retirement expert Robert Powell interviewed Finance of America Reverse’s Steve … more Why Your Retirement Should Include a Reverse Mortgage
Resources for Reporters and Interested Professionals
The National Reverse Mortgage Lenders Association has compiled statistics and research on aging and retirement topics to assist with your article on reverse mortgages. You can also find … more Resources for Reporters and Interested Professionals
The Economist’s Corner: Intergenerational Transfers
By Dr. Edward Seiler, vice president of Economic Research at Dworbell, Inc When working with borrowers (and their children) it is important to understand their bequest motives—how they … more The Economist’s Corner: Intergenerational Transfers
Barron’s: Parents Spend $500 Billion a Year Supporting Adult Children
Citing statistics from consulting firm Age Wave and Bank of America Merrill Lynch, a new article from Barron’s highlights that nearly 80 percent of parents give some financial … more Barron’s: Parents Spend $500 Billion a Year Supporting Adult Children
House Committee Unanimously Passes Landmark Retirement Legislation
The most comprehensive changes to private retirement plans in more than a decade are gaining momentum in Congress, according to media reports. The House Ways and Means Committee … more House Committee Unanimously Passes Landmark Retirement Legislation
Senior Housing Wealth Exceeds $7 Trillion For First Time
Homeowners 62 and older saw their housing wealth grow by 1.4 percent or $98 billion in the fourth quarter to a record $7.05 trillion from Q3 2018, the … more Senior Housing Wealth Exceeds $7 Trillion For First Time