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County and Partners Break Ground on Housing Complex for Homeless Seniors
Headline: County and Partners Break Ground on Housing Complex for Homeless Seniors
Publication: County News Center
Article Date: July 25, 2022
The County and its partners broke ground Monday on a new housing complex for seniors who experience homelessness. The 74-unit project in the Nestor area will serve San Diegans age 55 and older who are currently unsheltered or at risk of becoming homeless. Read More…
Many younger baby boomers may outlive their 401(k) savings, new research finds. Here’s why.
Headline: Many younger baby boomers may outlive their 401(k) savings, new research finds. Here’s why.
Publication: CNBC
Article Date: June 19, 2022
A new study finds that retirees spend down their 401(k) savings balances at an alarming speed. Many older Americans could be at risk of emptying their accounts by 85, although half of them will live beyond then. Read More…
Baby Boomers Likely to Underestimate Their Retirement Income Needs
Headline: Baby Boomers Likely to Underestimate Their Retirement Income Needs
Publication: NASDAQ
Article Date: July 6, 2022
According to research from the Center for Retirement Research at Boston College, Boomers are less likely to have a defined benefit plan and will need to tap the assets in their defined contribution plans to support their retirement income needs. Read More…
12 charts show how everyone in America but the rich is getting squeezed right now
Headline: 12 charts show how everyone in America but the rich is getting squeezed right now
Publication: Business Insider
Article Date: June 19, 2022
Americans are stressed out about inflation, which is at a four-decade high. But rising prices are not affecting every American equally. Read More…
Retirement Is One Of Life’s Major Transitions—Maintaining Cognitive Health Can Make It Easier
Headline: Retirement Is One Of Life’s Major Transitions—Maintaining Cognitive Health Can Make It Easier
Publication: Forbes
Article Date: June 29, 2022
Research shows a connection between the early stages of retirement and cognitive decline, and numerous studies indicate that retirement can exacerbate a slew of mental health challenges, including anxiety and depression. However, creative hobbies and other stimulating activities can accomplish the opposite effect, reducing risk of dementia as they help keep the mind sharp. Read More…