Tag: retirement
The brief’s key findings are: Do households in the National Retirement Risk Index identified as “at risk” recognize their situation? The analysis finds that almost 60 percent of households have a good sense of whether or not they are on track for retirement. But about 20 percent incorrectly think they are prepared, in large part…
Most retirees didn’t notice the $5 cost-of-living increase in the average Social Security check. That’s because the Part B Medicare premium deducted from their checks went up nearly as much (from $104.90 in 2016 to an average $109 this year). Beyond premium hikes, the bigger issue for retirees are the additional out-of-pocket costs they must pay…
