Senior couple talking to their financial advisor

The brief’s key findings are: Introduction As people approach and enter retirement, they face an array of risks – including the risk of outliving their assets, the risk of a large healthcare spending shock, inflation risk that erodes their income and wealth, and market risk that directly affects the value of their assets. Market risk has becom…

Doctor and patient are discussing diagnosis

The brief’s key findings are: Introduction What captures the headlines about Medicare is the exhaustion date of the Hospital Insurance (HI) trust fund. But HI is only 38 percent of Medicare expenditures today and is projected to decline further, and the HI shortfall – once the trust fund assets are depleted – is only 11 percent of…

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Group of elderly people enjoy talking , relaxing with game at senior healthcare center.

We have a housing crisis in the United States that has as much to do with the types of housing...

harbour in Copenhagen with typical colorful houses and boats with national flag of Denmark

We, too, should restore balance to our system, but inequality precludes an across-the-board increase. Denmark recently raised its retirement age...

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This paper compares how Black and White workers with stable jobs fare after an unemployment shock. Using administrative earnings data from the Continuous Work History Sample, the analysis compares the earnings trajectories of Black and White workers who are displaced during three recessions (1990-1991; 2000-2001; and 2008-2009)…

Introduction While Social Security provides those ages 62 and older with a predictable stream of income, most households need other resources as well for a secure retirement.  The bulk of these other resources come from employer-sponsored retirement plans, although more affluent households may save additional amounts on their own.  With the shift from traditional defined…

Releasing the Social Security Trustees Report a couple of months later than usual always raises the intriguing question that it might include some titillating new information.  For better or worse, the 2025 Trustees Report is standard fare.  It confirms what has been evident for almost three decades – namely, Social Security is facing a 75-year…

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WALL STREET JOURNAL

Anne Tergesen, Veronica Dagher, and Stephanie Stamm

Getting laid off is challenging. Getting laid off later in life is especially so.

Mother and daughter looking at health insurance options

Most Americans think Medicare covers long-term care, the regimen of daily help that many seniors will eventually require. It does not.