Ted Godbout, writer/editor for the American Retirement Association, reports that the possibility of Republicans controlling the Executive Branch, as well as both chambers of Congress, could have significant more… How the Elections Could Impact Retirement Policy Issues
According to the 10th annual John Hancock Financial Resilience and Longevity Report, 57 percent of Baby Boomers are worried about the upcoming election, followed by inflation/cost of living more… Baby Boomers’ Biggest Worry Might Surprise You
When compared to 48 other countries, the U.S. retirement system ranked 29 and received an overall C+ grade, according to the latest Mercer CFA Institute Global Pension Index, which more… U.S. Retirement System Receives C+ Grade
The bottom line: In a recent TSCL survey of more than 3,000 older Americans, 72 percent said that changing the COLA calculation to an index that better reflects seniors’ more… SSA Announces 2.5 Percent Cost of Living Adjustment for 2025
According to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index, housing wealth among homeowners 62 and older increased by more than $600 billion in the more… Senior Home Equity Hits $14 Trillion in Q2
The U.S. Department of Health and Human Services, through its Administration for Community Living (ACL), delivered to Congress a progress report on federal implementation of the 2022 National Strategy to Support more… National Strategy to Support Family Caregivers
Medicareresources.org, an online resource for consumers, advises seniors to pay close attention to their mail leading up to the annual Medicare open enrollment period, which begins on October more… Big Changes Coming to Medicare Part D and Medicare Advantage
In an article he wrote for Kiplinger Personal Finance, Certified Divorce Financial Analyst® Andrew Hatherley says reverse mortgages can solve some key problems in gray divorce. Go deeper: more… Kiplinger: A Reverse Mortgage Can Be a Solution for Divorcing Couples
For 22 years, Gallup has conducted an Economic and Personal Finance survey in April that has surveyed non-retirees’ and retirees’ expectations for living a financially comfortable retirement. This more… Why Americans Are Pleasantly Surprised in Retirement
Many older adults will need some form of long-term care during retirement, yet there remains a huge challenge over how to pay for it. In a new Issue more… Washington State Establishes LTC Program for Older Population
The 2024 Loss of Buying Power study published by The Senior Citizens League found that, on average, payments for retired workers would need to rise by $4,440 per more… Social Security Benefits Lose 20 Percent Of Buying Power Since 2010
Fidelity Investments® shared its 23rd annual Retiree Health Care Cost Estimate, revealing that a 65-year-old retiring this year can expect to spend an average of $165,000 in health more… Fidelity Estimates Healthcare Will Cost This Much in Retirement
Retirement advisor Jerry Golden explained how a HECM Line of Credit, combined with a Qualifying Longevity Annuity Contract (QLAC), can provide income and financial liquidity to make the more… HECM+QLAC=Retirement Security
In less than a decade, adults ages 65 and older will outnumber individuals under age 18 for the first time. The U.S. trend mirrors what is happening globally, more… AARP’s Vision for a National Plan on Aging
Bankrate’s annual Best and Worst States to Retire Study found that Delaware is the best state for retirees in 2024, followed by West Virginia (2), Georgia (3), South more… Best and Worst States to Retire in 2024
Fifty-eight percent of all workers — including 78 percent of Baby Boomers —believe the President and Congress should address Social Security’s funding shortfalls to ensure the program can more… American Workers Cite Most Critical Retirement Policy Priorities
When the University of Michigan’s National Poll on Healthy Aging asked people 50 and older about 26 health-related issues, their top three areas of concern had to do with costs: more… University of Michigan Poll Reveals Top 10 Health-Related Concerns
Vanguard released the 23rd edition of its “How America Saves” report, which spotlighted the retirement-saving behaviors of nearly five million Vanguard participants. Go deeper: The report found that employees are more… Highlights From “How America Saves 2024” Report