Tag: retirement security
The brief’s key findings are: Retirees seeking safe investments generally prefer short-term deposits, which preserve capital but offer no guaranteed return. Fluctuating returns can jeopardize a household’s living standard if short-term interest rates fall. In contrast, bonds provide a guaranteed return and – if held to maturity – also preserve capital. The bottom line: bonds…
Abstract Although poverty rates for Americans ages 65 and older have plunged over the past half century, many people continue to fall into poverty in their late fifties and early sixties. This study examines financial hardship rates in the years before qualifying for Social Security retirement benefits at age 62 and investigates how the availability…
