Tag Archives: retirement

State Financial Security Scorecards

State Financial Security Scorecards Source: National Institute on Retirement Security A new analysis indicates that Americans in nearly every state will fall far short in meeting their economic needs in retirement. The State Financial Security Scorecards research project gauges the retirement readiness of future retirees in each of the fifty states and the District of […]

Financial Security Scorecard: A State-by-State Analysis of Economic Pressures Facing Future Retirees

Financial Security Scorecard: A State-by-State Analysis of Economic Pressures Facing Future Retirees Source: National Institute on Retirement Security This new analysis gauges the relative performance of the fifty states and the District of Columbia in three key areas: anticipated retirement income; major retirement costs like housing and healthcare; and labor market conditions for older workers. […]

Most Households Approaching Retirement Have Low Savings

Most Households Approaching Retirement Have Low Savings Source: Government Accountability Office Many retirees and workers approaching retirement have limited financial resources. About half of households age 55 and older have no retirement savings (such as in a 401(k) plan or an IRA). According to GAO’s analysis of the 2013 Survey of Consumer Finances, many older […]