Image of people aging

The brief’s key findings are: Introduction Understanding how long we might live can influence important decisions, such as how much to save or whether to buy an annuity. Yet, many people underestimate their chances of living to older ages, which may lead them to save too little and avoid annuities, potentially reducing their financial security in retirement…

Risk manage, Business risk assessment. Businessman assess investment, Safety control risk. Reduce opportunity for financial investment, projects, manage business. Manage low level strategy.

The brief’s key findings are: Introduction State and local government workers have traditionally had defined benefit (DB) pensions that insulate them from the stock market and ensure that they do not outlive their savings. Funding these plans, however, has become burdensome for many governments, with costs rising dramatically in the immediate wake of the 2008 financial crisis…

LATEST

Nurse holding an elderly patients hand

I’ve written before about my frustration with the focus of many demographic reports on the 65+ population as a whole...

Illustration: risky move

It also diverts congressional attention from really fixing Social Security. Senator Bill Cassidy (R-LA) has resurrected his proposal  – this...

Topics

To fix Social Security’s finances, broad support exists for increased revenue to be at least part of the solution. This study focuses on one way to expand the payroll tax base: including the value of employer-sponsored health. The results suggest adding ESI…

The effect of major events on the economy is often long-lasting. For example, the Great Recession triggered a large increase in the share of older workers – defined here as those ages 55 and over – who wanted to work but had given up even looking for a job…

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…

CRR IN THE NEWS

Business people checking financial charts together

A new report uses two surveys of financial advisors and retirement investors to assess advisors’ portfolio recommendations and explore their apparent influence on clients’ risk appetite in ways that affect retirement security.

Worried senior male checking bills using laptop at home

FINANCIAL PLANNING

Researchers say older Americans tend to be more pessimistic about the stock market than historical data suggests they should be.