From 2019 to 2022, the National Retirement Risk Index dropped from 47 percent to 39 percent — the lowest level since the NRRI was created in 2004. Why … more National Risk Retirement Index Reaches New Low
Retirement Issues and Trends
America Never Had So Many 65-Year-Olds
A recent article in the Wall Street Journal noted that today’s 65-year-olds are wealthier and by many measures, healthier, and expected to live another 20 years. A growing … more America Never Had So Many 65-Year-Olds
Final Rule Updates Older Americans Act Programs
The Administration for Community Living (ACL) published a final rule that makes the first substantive changes to Older Americans Act (OAA) programs and services in 36 years. What’s … more Final Rule Updates Older Americans Act Programs
Yikes, Household Debt Spikes
U.S. households increased their total debt by $271 billion during Q4 2023 – roughly 19% more than the average for Q4 over the past 20 years. As a … more Yikes, Household Debt Spikes
Brookings Institution Examines Evolution of Retirement Policy
The Retirement Security Project at The Brookings Institution convened an event last week that traced the evolution of retirement policy in recent decades and discussed the many ways … more Brookings Institution Examines Evolution of Retirement Policy
New Forecast: Couples May Need $413K For Future Healthcare
The Employee Benefits Research Institute estimates that couples with high Medicare prescription drug expenditures will need $413,000 to have a 90 percent chance of having enough money to … more New Forecast: Couples May Need $413K For Future Healthcare
New State of Financial Preparedness Report
Large majorities of Americans of all races and ethnicities think about retirement in similar ways, calculating how much money they’ll need and how long they have to save … more New State of Financial Preparedness Report
Seniors Flocked to These States in 2023
More than 338,000 Americans moved to another state to retire in 2023, according to Census Bureau data analyzed by the online moving resource, Hire a Helper. Why it … more Seniors Flocked to These States in 2023
More Kids Living with Their Grandparents
Since 2000, the share of children in the U.S. living with at least one grandparent has increased by more than 36%, from 9.3% to 12.7%, according to research … more More Kids Living with Their Grandparents
How Long Will $1 Million In Retirement Savings Last In Your State?
A 65-year-old retiree living in California can expect $1 million in savings to last under 14 years, while that amount will last almost 21 years in Texas. By … more How Long Will $1 Million In Retirement Savings Last In Your State?