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Tag: cost of retirement
Planning to Retire Later? You’re Not Alone
The Insured Retirement Institute conducted research that found 64.4% of Baby Boomers and 70.0% of Generation Xers say that work in retirement will be a source of retirement income. Data from the Employee Benefit Research Institute (EBRI) supports this as part of a long-term trend. EBRI shows participation in the...
More Worried About Retirement (VIDEO)
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More Worried About Retirement
Americans today are more worried about their retirement finances than they were at the end of the Great Recession in 2009, according to a nationally representative survey of 2,508 adults conducted by the Pew Research Center.åÊ About four-in-ten adults (38%) say they are ÛÏnot tooÛ or ÛÏnot at allÛ confident...
Some Boomers Set, Others Not for Retirement
Olivia Mitchell, a professor at the Wharton School of the University of Pennsylvania and executive director of the Pension Research Council says äóìboomers are not all created equal.äó According to Mitchell, many older boomers still have a defined benefit pension plan, probably some decent retiree medical insurance and Social Security....