AAG 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 […]

Forbes: Good Reasons for Taking Early Social Security Benefits Are Few

Taking Social Security benefits as early as possible, at age 62, is not very beneficial for an American retiree concerned with maximizing their post-working income. This is according to Steve Vernon, FSA and consulting research scholar in the financial security division at Stanford University’s Center on Longevity in a new piece at Forbes. “There are […]

Study Names the 5 Best Big and Small Cities for Seniors

A new study from Apartment Guide has determined the five best big and small cities, respectively, for seniors against a number of different criteria. Each location was graded by examining their population sizes, compared with the availability of certain services and facilities aimed primarily at the senior demographic. “After compiling a list of 760 cities […]

Survey: Many 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 […]

401K 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 […]

Gallup: More Non-Retired Americans Expect Retirement Comfort, Despite Lack of Savings

Constituting a near-record high, 57 percent of non-retired Americans expect their retirements to be comfortable after having saved enough money to adequately support expenses and lifestyle choices, according to a poll conducted by Gallup in April of this year. This is the highest recorded figure for this expectation from the longstanding polling organization since 2004. […]

U.S. News: Senior Mortgage Tips Include Reverse Mortgages

A mortgage finance expert describes how reverse mortgages can potentially act as a “lifesaver” for some seniors in specific financial situations, along with offering advice related to home equity levels and optimal financial planning strategies related to taking a reverse mortgage out. This is according to a new piece running down mortgage tips for seniors […]

Study: Marrying Later Could Delay Saving for Retirement

Delaying marriage until later in life could also delay the time at which a worker enrolls in a 401K savings account, and the amount of money that is contributed to it. This is according to a study conducted by Geoffrey T. Sanzenbacher and Wenliang Hou, members of the Center for Retirement Research at Boston College. […]

Seniors Twice As Likely To Work Now vs. 1985

Rising health care costs combined with a lack of sufficient retirement savings and benefit payments has caused a higher rate of seniors to forego their retirements and continue working, making the idea of leaving work behind more stressful than sought after. This is according to a study conducted and released by money management firm United […]