Tag: retirement calculator

Sobering Solutions for an Aging Population

The National Research Council along with three other groups released a sobering report about aging earlier this fall. In the coming decades, the ratio of people aged 65+ to people aged 20-64 will rise by 80%. The resulting demographic shift will present the nation with economic challenges, both to absorb...

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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....

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Many Lost When It Comes to Financial Planning for Retirement

Nearly 60% of Americans over the age of 50 are worried about the costs of long-term care, while only 16% feel prepared financially, according to a recent study by Sun Life Financial and conducted by Kelton Research.Œæ Bob Klein, Sun Life’s vice president of Strategic Planning and Linked Benefits says...

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