Retirement Issues and Trends

As Americans with insufficient retirement savings leave the workforce over the next 20 years, they will severely strain state and federal budgets, resulting in increased public assistance costs, … more Pew: Americans’ Lack of Retirement Savings Could Cost Governments $1.3T

The Center for Retirement Research at Boston College announced that it has modernized its National Retirement Risk Index which measures and analyzes the share of working-age households that … more National Retirement Risk Index: Version 2.0

An analysis of Social Security “cost of living adjustments” (COLAs) compared to the actual costs of goods and services purchased by older Americans found that Social Security benefits … more Social Security Benefits Lose 36 Percent Of Buying Power Since 2000

Eighty percent of U.S. households with older adults, or roughly 47 million households, are financially struggling today or are at risk of falling into economic insecurity as they … more NCOA: 47 Million Older Households Facing Financial Risks

To help alleviate retirees’ biggest concern that they will run out of money in retirement, two of the world’s largest retirement plan providers, State Street Global Advisors and … more 401(k) Retirement Accounts Could See Some Big Changes

The percentage of workers who contributed to workplace 401(k) plans increased between 2006 and 2021 as did the percentage of funds they deferred to their retirement plans, according … more Vanguard Measures Generational Changes in 401(k) Behaviors

Working Americans ages 45 and older believe it will take $1.1 million in savings to retire comfortably, yet the majority (59 percent) expect to have less than $500,000 … more Americans Need $1.1M For Retirement, But Few Think They Will Get There

A new report from AARP estimated the economic value of family caregivers’ unpaid work in 2021 at $600 billion. This figure was based on about 38 million caregivers … more AARP Highlights Increasing Cost of Family Caregiving

Fidelity Investments® released its latest Retirement Savings Assessment, which revealed that America’s Retirement Score has moved back into the yellow to 78, a five-point decline from an all-time … more ‘America’s Retirement Score’ Drops to 78

The average retiree has $170,726 saved for retirement, or about ten percent less than the $191,659 they had at the start of 2022, according to a new Clever Real … more Survey: Retirees Lost Ten Percent of Their Savings in 2022