retirement crisis Archives | Reverse Mortgage Alabama

The thought of running out of money in retirement keeps plenty of Americans awake at night. In a survey of financial planners by the Financial Planning Association and the Journal of Financial Planning, over 47 % of respondents rated running out of money as their clients’ greatest retirement fear, with another 22% saying it was…

Rethinking The Retirement Crisis In order to solve large-scale challenges, it is important to remember that innovation—the creation of new solutions—not only involves technology. It can also come from changes in thinking, in mindset, and applying old ideas and tools anew. Especially when tackling difficult issues like the growing retirement challenges in America today, we…

Americans Face Retirement Savings Regrets Amid Two-Pronged Crisis When asked for their most common financial regret, Americans yet again pointed to a lack of retirement savings as the top pick. For the third consecutive year, “not saving for retirement early enough” led consumer financial firm Bankrate’s list of money regrets, with 18% of respondents selecting…

Retirement crisis – how to avoid your own Various reports have weighed in on whether America is facing a “retirement crisis.” One study found, for instance, that while just 8.8 percent of people currently age 65 and older are impoverished, 88 percent of Americans still believe the nation faces a retirement crisis. Sources of disagreement include whether…