The Fallen Angels of ‘Nomadland’
Many elderly poor in America have always been poor. But the elderly poor in 'Nomadland' seem relatively new to the game. We compare the people in the film to...
Demographics
What your Zip code reveals about your lifespan
A new report from ClubVita shows that life expectancy increased at a faster rate for more financially well-off retirees between 2001 and 2014.
Why Are Stocks So High?
Because corporations have been returning more of their profits over to shareholders and less to workers, especially over the past 30 years, according to authoritative recent research. The implication...
Top earners in US own mid-sized businesses
Among the top 0.1% Americans in terms of income, business owners are well-represented. They frequently own small or mid-sized companies such as auto dealerships, beverage distributors, or large law...
Different folks, different retirement strokes
MassMutual sponsored interviews with Americans of several different ethnicities and found striking differences in their attitudes toward and expectations of retirement.
Why So Many Blacks in Financial Ads?
The presence of blacks in financial ads may be increasing because news coverage of the financial crisis among blacks has increased. Only the people who commission or create the...
Two Cheers for Population Decline
'Pension systems can be made affordable by increasing average retirement ages, which will create incentives for societies to enable healthy aging, with people enjoying good physical and mental health...
Holy Annuities! RIJ Goes to Israel
If it’s winter in east-central Pennsylvania, then you can bet that RIJ’s virtual offices will be someplace where the weather is mild and the local retirement financing system promises...
In Austria, earlier retirement was associated with earlier death
An additional year in early retirement increased a man’s probability of death before age 73 by 1.85 percentage points and reduced the age at death by an average of...
Prudential surveys ethnic, gender finances
'The average annual income for women in our sample was $52,521, compared with $84,006 for men—a difference of 37%,' according to Prudential's new survey.
Latinos fall behind in saving even as their numbers surge ahead
The U.S. Administration on Aging predicts the Latino population that is age 65 and older will number 21.5 million and will comprise 21.55% of the population by 2060.
The Link Between Aging and Populism
'A growing sense of insecurity may be pushing the elderly into the populists’ arms... Nationalist parties all promise to stem global forces that will affect older people disproportionately,' writes...
Over half of today’s retirees have pensions
In May, the Federal Reserve published a Report on Economic Well-Being of U.S. Households in 2017. We offer a summary and a link to the document.
America’s Baby Bust
'In a world of radical automation potential, which threatens low wage growth and rising inequality, a rapidly growing workforce is neither necessary nor beneficial,' writes our guest columnist, chairman...
The Myth of the Aging Society
‘The standard chronological measure of age makes less sense than ever,’ writes our guest columnist, a professor at the London School of Economics and co-author of ‘The 100-Year Life:...
Working 9-to-?
'Each one percentage point increase in Social Security's Delayed Retirement Credit is associated with a roughly one percentage point increase in the employment rate of men ages 65 to...
Consumer debt undermines personal retirement savings: LIMRA
LIMRA finds that six in 10 American workers with non-mortgage debt say paying down debt negatively impacts their efforts to save for retirement.
In Canada, ‘LIFE’ Begins at 85
Bonnie-Jeanne MacDonald (right or below), a research fellow at Toronto's Ryerson University, proposes a voluntary, tontine-like deferred income annuity called Lifetime Income for the Elderly (LIFE). Canadians could make...
