Older Americans Look Forward to Aging, but Aren’t Prepared
People 60 and older are upbeat but uncertain about aging, a survey released Wednesday by The National Council on Aging and UnitedHealthcare found.
Recession-Wracked Boomers Seek Reverse Mortgages at Younger Age: MetLife
The number of cash-strapped Baby Boomers age 62 to 64 taking out reverse mortgages has tripled since 1999, sharply lowering the average age of potential borrowers, according to a study released Wednesday by the MetLife Mature Market Institute.
NAACP, Partners Launch Financial Education Program
The NAACP announced Friday that, with partners that include Wells Fargo, the National Foundation on Credit Counseling, and the Financial Planning Association, it is launching the Financial Freedom Center Satellite program.
Boomers and Medicare: ‘Indifferent, Nervous, Overwhelmed’
Twenty-seven percent of boomers surveyed in August said they were “indifferent” about enrolling in Medicare, while 26% said they were “nervous” and 14% said they were “overwhelmed.”