Why Mutual Funds Are the Most Popular Investment for US Households: ICI
The mutual fund industry trade group reports that almost half of all U.S. households own mutual funds.
2018 Social Security COLA Is Biggest in Years
The cost-of-living adjustment for next year is the largest since 2012 and will affect more than 69 million Americans.
Time Running Out to Fix Social Security, Medicare: BPC
Further delays could mean deeper cuts in benefits or increases in taxes or both, according to a Bipartisan Policy Center report.
LTCI’s Death March Sparks Rise in Hybrid Products
The enduring need for funding LTC has sparked a relatively new line of hybrid products that combine LTCI with life insurance or an annuity.
Retirement Assets of Many Households Fell Between 2013 and 2016: CRR
The Center for Retirement Research reports that assets fell for households headed by someone age 35 to 54 and rose for older households.
15 Cheapest States for Long-Term Care: 2017
Genworth’s annual study on the cost of care nationwide, which includes home care and assisted living facilities, ranks LTC costs by state.
6 Personality Traits of the Wealthy and Successful
Author and financial editor Jean Chatzky discusses what she found from researching 5,000 wealthy and successful people.
Lawmaker Pushes for ‘Care Corps’ to Help Elderly
At Genworth's Long-Term Care Symposium, Rep. Michelle Lujan Grisham attempted to "jumpstart" her bill as the insurer reported some scary numbers for retirees.
15 Most Expensive States for Long-Term Care: 2017
Genworth’s annual study on the cost of care nationwide, which includes home care, assisted living facilities, etc., is not reassuring.
Wells Fargo Consistently ‘Abused’ Customers, House Dems Say
The 38-page House Financial Services staff report cites a “pattern” of abusive business practices and “disregard” for customers.