Retirement Issues and Trends

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

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

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

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?

As we adapt to the new year, more Americans are identifying their top personal finance and retirement-related mistakes of 2023. Clever, a real estate data company, compiled 99 … more Top Retirement Stats for 2024

A new report from Morningstar suggests that the “4 percent” rule may be a safe option for retirees once again as investment portfolios recover from last year’s losses. … more Morningstar: 4 Percent Rule May Be Safe Again

Taxes on Social Security benefits and increased Medicare costs could impact retirees’ budgets in the new year, according to an article by Yahoo Finance. What they’re saying: “Because … more The Biggest Retirement Changes Coming In 2024

Non-retired Baby Boomers (ages 59-77) believe it will take $924,897 to retire comfortably, yet they expect to save $633,401 — a shortfall of $291,496, according to the Schroders … more Survey: Boomers Face $291K Retirement Shortfall

Despite COVID and the economic disruption that it caused, the Federal Reserve’s 2022 Survey of Consumer Finances (SCF) found that the median 401(k) balance for working households nearing … more Fed Report Shows 401(k) Holdings Increased 42 Percent Since 2019

While retirement savings behaviors remain strong, Fidelity Investments® reported an uptick in hardship withdrawals and 401(k) loans in its Q3 2023 retirement analysis as workers struggle with short-term … more Fidelity: More Workers Taking Money From 401(k)s to Pay Bills