Posts Tagged ‘retirees’
AARP: Debt is a Higher Priority Than Retirement Savings for Pre-Retirees
More financial attention is given to paying off significant outstanding debt when compared with saving for retirement among Americans aged 40-59. This is according to the results of a survey jointly conducted by the AARP and the Ad Council, the results of which have been released as a part of a new campaign aimed to…
Read MoreStudy Urges Seniors to Get Moving to Live Longer
Can you tell how long you’ll live? For seniors, how fit you are may offer a clearer forecast of life span than traditional markers such as high blood pressure, high cholesterol, diabetes and smoking, a new study suggests. It included more than 6,500 people, age 70 and older, who had an exercise stress test between…
Read MoreForbes: Warped Financial Priorities Lead to Tough Retirement for Americans
Americans place much of their focus on managing their existing debt over saving for the future, which results in their overall loss of focus on adequately saving enough money for retirement. This is according to Jamie Hopkins, director of retirement research at Carson Wealth in a piece at Forbes. “Most parents list paying down existing…
Read MoreFlorida Dominates List of Affordable Retirement Cities
Locations in the state of Florida dominate the list when it comes to most affordable cities for retirement, but the top spot emerges out of South Dakota, according to senior active adult community site 55places.com. They have compiled a list of the top 20 most affordable cities to live in retirement, based on a survey…
Read MoreNearly a Third of Retirees Would Prefer to Live Somewhere Else
When asked directly if they would choose to live where they currently reside in retirement if given the option to choose again, nearly a third of respondents said “no” in a survey conducted primarily with people aged in their 70’s or above. The survey, created by Age Friendly Ventures, was conducted online in December 2018,…
Read MoreBeing Socially Active Helps Older Folk Age Well
Interacting with lots of different people may help you live longer and healthier, a new study suggests. Older people who spend more time with family members, close friends, acquaintances, casual friends and even strangers were more likely to be physically active, spend less time sitting or lying around and have a more positive attitude and…
Read MoreBaby Boomers Are Finding More Reasons to Retire Later
Since the 1980s and 1990s, there have been substantial increases in the number of seniors staying in the labor force through previously regular retirement ages, according to Wellesley College researcher Courtney Coile. She calls this one of “the most significant labor market trends” in the United States. According to her research, as many as 1…
Read MoreRetirees Face New Challenge: Mounting Student Debt
Retirees will continue to face financial difficulties over the course of 2019, stemming from perennial problems like pensions, personal finances, social security benefits and even leftover debt from student loans. This is according to a column at MarketWatch examining the current state of the financial landscape for retirees, and accompanying data from the Federal Reserve…
Read MoreWhat Illness Lands the Most Seniors in the ER?
For seniors who often find themselves in the ER, complications from diabetes is the most common culprit, new research shows. Not only that, these chronically ill patients remain in the hospital longer and require more treatment and resources, noted the authors of the study. It was published in the Jan. 28 issue of the Annals…
Read MoreOlder Americans Feel Confident About Homebuying — and Not Downsizing
While many Americans find the homebuying process to be confusing or simply out of reach, the overwhelming majority of Americans over 60 years old — about 84% — feel better equipped to start the process. A recent survey from community development non-profit NeighborWorks America sought to learn more about Americans’ attitudes toward homebuying and student…
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