Posts Tagged ‘401k’
Survey: Older Adults Struggle with Housing Costs at All Income Levels
Nearly 1 in 3 adults over the age of 45 have struggled to keep up with housing costs over the last 12 months. While these costs predictably hit those with lower incomes harder, the issue is present across all income levels and retirement timelines. This is according to a new survey conducted by real estate…
Read MoreStaying Healthy Now to Work Into Older Age
While you can take Social Security benefits at age 62 and get 75% of your maximum, waiting until you reach full retirement age (between age 66 and 67 depending on the year you were born) gets you much closer to the full amount. But the age at which Americans can collect the most dollars has…
Read MoreSenior Living Survey: 61 Percent of Adults Want to Age in Place
Americans are retaining a strong desire to age in place, as opposed to moving into some kind of assisted living arrangement. 61 percent of surveyed Americans said they want to age in place at their current home, even if they have to live alone. This is according to a survey conducted by OnePoll on behalf…
Read MoreMore People Plan to Keep Working After Retirement
63 percent of self-employed American workers describe themselves as “looking forward” to retirement, and 26 percent say that they are “very much” looking forward to their post-working lives. The importance and form of retirement is also variably defined based on different demographics, and incorporates an increasing trend of of continuing work into a person’s senior…
Read MoreAAG Survey Defines ‘Dream Retirement’ Among Age Groups, Genders
In retirement, baby boomers look forward to spending more time with their families while Gen Xers and millennials aspire to travel after completing work. This is according to the results of the Dream Retirement Survey, a multi-generational nationwide poll designed to gauge different views on retirement that vary by generational and gender divides, conducted by…
Read MoreU.S. News: 6 Steps For Those Starting Retirement With No Savings
For new retirees who begin their non-working lives without the advantage of having savings, a new article from U.S. News and World Report offers up six potential steps people in that situation can take in order to enhance their financial standing in their retirement years. Among the included recommendations is the employment of the home…
Read MoreStay Social to Help Cut Your Odds of Dementia
The evidence continues to mount that staying socially engaged as you age helps keep dementia at bay. In a new study, British researchers found that being socially active in your 50s and 60s may reduce the risk of developing dementia. The findings showed that people in their 60s who interacted with friends nearly every day…
Read MoreMany American Workers Have No Access to Retirement Savings Plans
31 percent of employed Americans have no access to retirement savings accounts through their workplace. This is according to a new survey conducted by retirement advocacy organization Funding Our Future, in partnership with private research company Morning Consult. “Having enough money saved for retirement is one of the biggest financial challenges Americans face,” the press…
Read MoreHow to Help Your Heart Weather Extreme Heat
As extreme heat events become more common, you need to know how to protect your heart. Hot temperatures and high humidity can lead to dehydration, which causes the heart to work harder and puts it at risk, according to the American Heart Association (AHA). Staying hydrated makes it easier for the heart to pump blood…
Read MoreFox Business: 22% Say Retirement Savings Worse Than Before Great Recession
More than 1-in-5 American survey respondents who were adults when the Great Recession began in December, 2007 now say that their retirement savings are worse now than they were before it hit the market, according to a survey conducted by personal finance website Bankrate. This may be because the effects of the Recession were underestimated,…
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