Tag: retirement

Senior man calculating finances

Abstract Various policy developments and long-term economic, social, and demographic trends raise worrisome questions about the financial security of future retirees.  An erosion in employer-sponsored defined benefit pension coverage and the increase in Social Security’s full retirement age could shrink future benefits.  Stagnating employment and earnings for men could threaten future retirement security, because retirement…

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To be Old is to be Happy

Around age 58, people start getting happier. That’s what the research shows, and this blogger can attest to it. In the new video displayed below, Rocio Calvo, a Boston College professor of social work, offers up theories for the happiness phenomenon – financial security is one. She also has some particularly striking “happiness statistics” on…