Tag: financial behavior
![Photo of credit cards](https://crr.bc.edu/wp-content/uploads/2024/02/shutterstock_410714692.png)
In today’s world, workers need to save if they want to be comfortable in retirement. But there are also limits to what many people can afford. A new study finds that when U.K. workers were automatically enrolled and started contributing to a retirement savings plan, their household debt – credit cards, bank overdrafts, and other…
![Senior black couple on the laptop computer](https://crr.bc.edu/wp-content/uploads/2023/09/AdobeStock_454092016.png)
In our high-tech world, virtually any transaction or communication can be executed online. Yet, despite the range of services that Social Security offers on its website, two-thirds of older Americans thinking about retiring or planning to start up their benefits speak directly to someone at the agency, either by phone or at a field office,…