Older Americans Supporting Younger Generation, Not Vice Versa: EBRI
An overwhelming generational transfer of money is flowing from older adults to their younger adult relatives, EBRI found.
More Americans Aging Into Poverty
A recent study from the Employee Benefit Research Institute found that, despite falling during the first part of the last decade, the number of poverty-stricken seniors is once again growing.
Housing, Health Costs Top Expenses for Older Americans
In this age of longer life spans, age 50 might not seem old, but housing and health care spending are having a significant impact on the older 50 cohort, one that’s growing.
Outlook 2012: Retirement — Boomer Surveys Tell Us They’re Happy (Even If Broke)
The most beloved statistical study in the advisor world—namely, the retirement survey—was a veritable cottage industry in 2011, the year the first of the baby boomers began marking their milestone 65th birthday.