Highlights and News

Aug 19, 2014

Federal Reserve survey shows lack of retirement savings

Many American families are not financially prepared for retirement. Currently, about one in three U.S. households reports it has no retirement savings, including one out of five members aged 55 to 64. One out of four families does not know how it will pay for expenses in retirement, including about one out six members aged 45 to 59. This is particularly troubling given the large number of baby boomers who will turn 65 in the coming decades.

Aug 12, 2014

Report: Working families fall behind on retirement saving

More than half of working-age families are at risk of not being able to maintain their standard of living in retirement. On average, families need to save 14 percent of their income each year, beginning at age 35 and running through age 65, to have enough money to maintain their pre-retirement lifestyles.

Those are the findings of How much should people save?, a recent report by Boston College's Center for Retirement Research.

Aug 11, 2014

Straight talk on health care reform: Seniors and the ACA

Millions of Americans are benefiting from the Affordable Care Act. And yet it remains unpopular, even among seniors, many of whom have been seeing tangible benefits since the law passed in 2010.

According to the June Kaiser Health Tracking Poll, 47 percent of seniors have an unfavorable view of the law. That's down from an all-time high of 59 percent in 2011,(1) but still close to a majority.

Aug 7, 2014

2 generations advance with education, day-care supports

The majority of policies and programs aimed at low-income people target either children or their parents, but usually not both. Dual-generation poverty approaches, however, focus on both kids and their parents in order to foster upward mobility and break the cycle of intergenerational poverty.

Aug 6, 2014

Parents can work, kids succeed with child-care support

Helping low-income families afford child care is an investment that will pay dividends for children, their families and the nation overall, according to a recent report that reviewed research on the subject.

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