From MarketWatch Retirement:
Here’s why you should worry about state and local pensions. Some 26 million people are relying on state and local pension plans to care for them during their retirement years, but public pensions could face major financial shortfallaccording to two economics professors.
Carer burnout is a crisis. This new state program has a way to help. Research shows that 38% of caregivers feel replacement service available would be helpful, but only 14% of caregivers reported using them.
Nursing home? No, thanks. 70% of people surveyed don’t want to. A survey found that the majority of older Canadians are less likely to go to nursing homes after the advent of COVID-19.
Also on MarketWatch:
How much Will you need to retire? Good question.
Your opinion Medicare Insurance need check
The simple food selection may reduce your risk of dementia
Want to get old? One dog may be the key to better physical – and mental – health.
There’s a whole world out there: Advice for widows who want traveling
Grandparents: Forget everything you used to know newborn care
Your diagnosed spouse have a serious illness. So what now?
More on retirement news:
5 retirement changes to know in 2023 (yahoo finance)
This popular early retirement strategy is a ‘terrible idea’, says financial planner (CNBC)
Are you on track to hit the $4,194 maximum Social Security benefit? (madness)
Why you might have to claim Social Security early, even if you don’t want to (USA Today)
Reasons to Get Social Security Early at Age 62 (US News & World Report)
Find peace of mind with your retirement income (Kiplinger)
You’ll only have most of this Social Security left over after you pay your medical bills in retirement (yahoo finance)
Research and Insight:
DOL ESG investigative story (PlanAdviser)
The 3 Best Performing Mutual Funds to Consider for Your Retirement Portfolio (yahoo finance)
Rice University: Can state-run retirement plans help workers save more? Probably (InsuranceNewsNet)
Here’s the average amount a 60-year-old American holds in retirement savings – how does your nest egg compare? (yahoo finance)
Visual impairment is associated with 100,000 cases of dementia in the United States (National Institute on Aging)
To share with your family, friends and customers:
‘You are never too old become an entrepreneur. ‘ How one woman built a cupcake empire.
Don’t retire with a mess–organization your retirement account
We want to build a flat old woman about our son’s property. How do we protect ourselves against future financial complications?
No, at $1.9 billion Powerball still not a big deal
Why are Republicans telling voters they want Social Security cuts by a third?
