Tag Archive | "retirement"

budget, finance,

Economic Insecurity: Anxious Older Adults Try to Cope With Limited Budgets

Economic insecurity is upending the lives of millions of older adults as soaring housing costs and inflation diminish the value of fixed incomes.

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Retirement,

How To Create A Retirement Paycheck That Lasts

Saving and investing for retirement may actually be easier than deciding how to safely spend what you’ve accumulated. Withdraw too much and you could run out of money.

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index

‘True Cost of Aging’ Index Shows Many Can’t Afford Basic Necessities

Fran Seeley, 81, doesn’t see herself as living on the edge of a financial crisis. But she’s uncomfortably close. Each month, Seeley, a retired teacher, gets $925 from Social Security and a $287 disbursement from an individual retirement account.

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home, aging in place

Older People Fret Less About Aging In Place

Aging in one’s own home, or with family or a close friend, is a widely held aspiration, with 88 percent of adults 50 and older saying it’s their goal in an earlier AP-NORC poll. 

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surgery

A Surgery Shatters Retirement Plans And Leads To Bankruptcy

herrie and Michael Foy thought they’d made all the right preparations when they moved to rural southwestern Virginia after Michael retired from Consolidated Edison, New York’s largest utility.  

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retirement Social Security, medicare

Go-Broke Dates Pushed Back For Social Security, Medicare

A stronger-than-expected economic recovery from the pandemic has pushed back the go-broke dates for Social Security and Medicare, but officials warn that the current economic turbulence is putting additional pressures on the bedrock retirement programs.

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