Retirement news today
Here are some recent retirement news articles and updates:
Retirement Savings and Planning
- Retirement savings gap widens: A new report by the National Institute on Retirement Security finds that the retirement savings gap in the United States has grown to $14 trillion, with many Americans struggling to save enough for retirement. (Source: CNBC)
- Retirement accounts see significant growth: According to a recent survey by Fidelity Investments, retirement accounts saw significant growth in 2022, with the average 401(k) balance increasing by 13% to $114,000. (Source: Fidelity Investments)
- Retirement planning apps gain popularity: A new report by the Employee Benefit Research Institute finds that retirement planning apps are becoming increasingly popular, with 44% of workers using an app to track their retirement savings. (Source: Employee Benefit Research Institute)
Retirement Income and Expenses
- Retirees face rising healthcare costs: A new report by the Employee Benefit Research Institute finds that retirees are facing rising healthcare costs, with 62% of retirees reporting that they have experienced an increase in healthcare expenses in the past year. (Source: Employee Benefit Research Institute)
- Retirement income falls short: According to a recent survey by the National Endowment for Financial Education, 62% of retirees report that their retirement income falls short of their expenses. (Source: National Endowment for Financial Education)
- Retirees struggle with housing costs: A new report by the Urban Institute finds that retirees are struggling with housing costs, with 44% of retirees reporting that they have difficulty paying their housing expenses. (Source: Urban Institute)
Retirement Trends and Insights
- More workers delaying retirement: According to a recent survey by the Society of Actuaries, 44% of workers plan to delay retirement, citing concerns about healthcare costs and financial security. (Source: Society of Actuaries)
- Retirement communities see growth: A new report by the National Association of Home Builders finds that retirement communities are seeing significant growth, with 62% of builders reporting an increase in demand for retirement housing. (Source: National Association of Home Builders)
- Retirees prioritize travel and leisure: According to a recent survey by the American Community Survey, retirees prioritize travel and leisure activities, with 62% of retirees reporting that they spend more time on leisure activities than they did when they were working. (Source: American Community Survey)
I hope these articles provide some interesting insights and updates on retirement news!