Posts Tagged ‘savings’
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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 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,…
Read More401K Participants Not Saving the Amount Believed to Be Needed
New research indicates that although participants in 401K retirement savings plans believe that they’ll need roughly $1.7 million in order to fully fund retirement, most participants aren’t saving nearly enough to reach that goal. This is according to a national survey conducted by Schwab Retirement Plan Services. The survey, conducted on a national scale with…
Read MoreMore Evidence That Socializing Helps Protect the Aging Brain
Join a book club, take a cruise or just visit friends — new research supports the notion that social activities help stave off mental decline as you age. The study found that seniors with high levels of an Alzheimer’s-linked protein in their brains were able to slow any mental decline if they got out and…
Read MoreIndustry Expert: What USA Today Got Wrong About Reverse Mortgages
Even before USA Today published an article this month taking aim at reverse mortgages and the associated industry’s practices, the news outlet had previously published articles that relate caution to its readers concerning the idea of engaging in a reverse transaction. One such article was posted back in April, and a prominent industry expert has…
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