The Society of Actuaries, in partnership with Financial Finesse, a financial wellness firm, published the “Late-in-Life Decisions Guide” to help aging individuals navigate life’s changes and to … more Reverse Mortgages Mentioned in “Late-In-Life” Decisions Guide
Retirement Research
Survey: 69% Of Unmarried Women Retirees Not Confident About Retirement
The 32nd Annual Retirement Confidence Survey (RCS) published by the Employee Benefit Research Institute (EBRI) found that 32% of retired widows and 37% of divorced women retirees are less confident of … more Survey: 69% Of Unmarried Women Retirees Not Confident About Retirement
Study: Healthcare Costs Reduce Social Security Benefits By 25%
Researchers at the Center for Retirement Research at Boston College concluded that out-of-pocket (OOP) healthcare costs erode roughly 25% of an average retiree’s Social Security spending power. The … more Study: Healthcare Costs Reduce Social Security Benefits By 25%
Survey: 70% of Retirees Have This Regret
More than two-thirds (70%) of American retirees wished they had saved more and planned earlier for retirement, according to the 2022 Retiree Reflections Survey, published recently by the … more Survey: 70% of Retirees Have This Regret
Average US Retirement Savings Is $168K, Survey Says
A recent survey of 1,000 Americans conducted by ConsumerAffairs found that the average amount saved for retirement across all age groups was $167,944, while Baby Boomers had the … more Average US Retirement Savings Is $168K, Survey Says
AARP: Over Half of Older Americans Happy With Finances
A new survey from AARP finds that just over half of Americans in their 70s (51%) and 80s (52%) rate their financial situation today as excellent or very good. When … more AARP: Over Half of Older Americans Happy With Finances
Piecemeal Reform Won’t Solve the U.S. Retirement Crisis
In a recent opinion piece, the editor’s at Bloomberg expressed strong opinions about the shortcomings of America’s retirement system and what Congress needs to do fix these problems. … more Piecemeal Reform Won’t Solve the U.S. Retirement Crisis
Using Home Equity Improves Retiree Health
While the strategic use of home equity can provide financial relief for retirees, a new study co-authored by Ohio State University researcher Stephanie Moulton finds that it is also … more Using Home Equity Improves Retiree Health
Five Fundamentals for Women’s Retirement Readiness
In celebration of International Women’s Day (March 8) and Women’s History Month, the Transamerica Center for Retirement Research developed a new resource, the “Five Fundamentals for Retirement Readiness,” … more Five Fundamentals for Women’s Retirement Readiness
Will Unretirement Help Solve the Labor Shortage?
At any given time, a large pool of people ages 55-70 – over 15 million today – indicate they are retired. With the U.S. economy currently facing a … more Will Unretirement Help Solve the Labor Shortage?