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Measures of retirement preparedness often suggest that a substantial share of U.S. households are not on track to maintain their standard of living in retirement.  And many retirees report regret for not saving enough.  Yet, when asked about their life satisfaction, the overwhelming majority – 92 percent – of retired households say…

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Individual Retirement Accounts (IRAs), which hold over half of total private retirement assets, were introduced as a way for workers without an employer-sponsored plan to save for retirement in a tax-advantaged account.  Instead, they have been primarily used as a vehicle for rollovers from employer-sponsored plans, with direct contributions…

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While the cost of elder care in the United States, whether paid for by Medicare, Medicaid or out-of-pocket, is substantial,...

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With a positive side effect for older households. Hope springs eternal.  Every time a tax cut is proposed, the promise...

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Even the best-laid plans can go awry.  Retirees face the risk of a large healthcare spending shock for medical or long-term care (LTC) either because their health insurance involves significant cost sharing or because they lack insurance entirely in the case of LTC…

One aspect of the pandemic that has persisted is the increased relevance of remote work.  This shift could help older people with disabilities, who might otherwise find it hard to get or keep jobs.  Indeed, this group has a higher employment rate post-pandemic than pre-pandemic…

The medium- and long-term effects of the COVID-19 pandemic are of continued interest to policymakers, advocates, and academics.  Given the importance of health in decisions to work, earn, and eventually claim OASI benefits, COVID may have long-term effects on programs SSA administers even well after the official end of the pandemic…

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WALL STREET JOURNAL

Young savers are flocking to Roth IRAs. They are taking the advice of parents, workplace financial coaches and tax advisers, who have long preached the gospel of these accounts to save for retirement and even big purchases.

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NEXTAVENUE

It is hardly an understatement that we are experiencing a debt surge in our nation.  Older and younger generations alike grapple with debt, but for those of us who are older, the consequences are more significant.