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An average of 11,200 Americans will reach retirement age each day in 2024, according to a recent report by the Alliance for Lifetime Income. The report found that the largest number of Americans ...
A fulfilling retirement is about more than money and wealth. Here are the 3 ‘must-have’ asset categories for Americans in retirement — most retirees only have 1 or 2 Skip to main content
There’s been a big shift in how people think about their later years: New data from the Federal Reserve Bank of New York shows that most Americans don’t expect to work beyond their early 60s ...
A retirement community is a residential community or housing complex designed for older adults who are generally able to care for themselves. Assistance from home care agencies is allowed in some communities, and activities and socialization opportunities are often provided. [1] Some of the characteristics typically are: the community must be ...
A continuing care retirement community ( CCRC ), [1] [2] sometimes known as a life plan community, is a type of retirement community in the U.S. where a continuum of aging care needs—from independent living, assisted living, and skilled nursing care—can all be met within the community. [3] These various levels of shelter and care may be ...
The Center for Retirement Research at Boston College (CRR) was established in 1998 as part of the Retirement Research Consortium (RRC). [3] In 2018, the CRR received renewed support from the U.S. Social Security Administration under the Retirement and Disability Research Consortium (RDRC). [4] The RDRC includes parallel centers at the National ...
According to the study, "27% of retirees and 30% of pre-retirees currently work with financial advisors, and 94% of them are confident in their ability to handle financial changes in retirement ...
The analysis from the Center for Retirement Research at Boston College suggests that new retirees couple deplete their 401(k) savings by the time they research 85 years old — increasing the ...