Retirement Issues and Trends

Adults aged 65 to 74 hold an average of $134,950 in debt, while individuals 75 and older hold an average of $94,620 in debt, according to Federal Reserve … more Senior Debt Levels Increase Threefold Over Past 35 Years

The U.S. Department of Health and Human Services, through its Administration for Community Living, released a report that lays the groundwork for a coordinated effort to create a … more HHS Delivers Strategic Framework for National Plan on Aging

The latest retirement data from Fidelity Investments found record-high contribution levels, coupled with positive market conditions, pushed average account balances to their highest levels since the fourth quarter … more Fidelity® Q1 2024 Retirement Analysis

The Administration for Community Living released its 2023 Profile of Older Americans, illustrating the shifting demographics of Americans 65 and older. In 2022, 31.9 million women and 25.9 … more ACL Releases 2023 Profile of Older Americans

Sixty-one percent of investors say their expectations for retirement have changed significantly in the last five years, and nearly half say their dreams for retirement have been delayed, … more Economic Uncertainty Has Changed Retirement Expectations

Two in three (63%) Americans worry more about running out of money than death, up from 57% in 2022. Concerns about inflation, Social Security, and taxes contribute to … more Americans More Worried About Running Out of Money Than Death

Americans’ “magic number” for retirement surged to an all-time high – rising much faster than the rate of inflation while swelling more than 50% since the onset of … more New Magic Number for Retirement is $1.46 Million

Larry Fink, whose company manages $10 trillion in assets (half of which are for retirement), challenged government and business leaders to come together to fix a looming retirement … more Blackrock CEO Highlights Global Retirement Crisis

Sixty percent (1,876) of U.S. counties gained population from 2022 to 2023, an increase from the 52% of counties (1,649) that experienced population growth between 2021 and 2022, … more More Counties Saw Population Gains in 2023

A new study published by the Collaborative for Equitable Retirement Savings finds that Black and Hispanic workers withdraw a larger portion of their account balances before retirement. The … more Preretirement Withdraws Might Explain Retirement Savings Gap