Tag: retirement finances
![Man holding shopping basket with bread and milk groceries in supermarket stock photo](https://crr.bc.edu/wp-content/uploads/2024/07/iStock-1428386188-1536x1031.jpg)
For several years before the pandemic, everyone became complacent about an inflation rate hovering reliably around 2 percent. We were jolted from our torpor by the COVID spike in inflation to nearly 9 percent. Although inflation has come down sharply, the 3 percent rise over the past year is still above pre-pandemic levels. Higher…
![Senior couple and tecnologies](https://crr.bc.edu/wp-content/uploads/2022/11/financing_retirement_2-1536x1024.jpg)
The brief’s key findings are: As life expectancy rises, more retirees will face late-life financial risks, including: high health costs, financial mistakes due to cognitive decline, and widowhood. To date, the research literature suggests that these risks severely affect only a minority of retirees, but the impact may become more widespread in the future. The reasons includ…