Tag: retirement security
For those who start with $100,000, Medicaid is not an easy option. As part of an extended study on the risks faced by households approaching retirement, we just completed a project that focused on the risks associated with medical and long-term care costs. As it turns out, while medical risks are highly uncertain and potentially…
Measures of retirement preparedness often suggest that a substantial share of U.S. households are not on track to maintain their standard of living in retirement. And many retirees report regret for not saving enough. Yet, when asked about their life satisfaction, the overwhelming majority – 92 percent – of retired households say…
