Why Long-Term Care Insurance Isn’t the Answer

Long-term care insurance may actually be a lot less needed than past research suggests. That’s because while nursing home stays are frequent among the aging population, they’re relatively short, compared to other forms of long-term living. Such are the findings of a new study from Boston College’s Center for Retirement Research, that delves into the […]

Financial Crisis Drives Change Among Retirement Consumption

The impact of the financial crisis on retirees has varied widely depending on the types of investments and incomes those retirees had during the economic downturn, according to a recent research brief by the Boston College Center for Retirement Research.  The research finds about half of retirees were not impacted, including the top 5% in terms […]

Chart of the Day: Average Retirement Age Rebounds Down from 65+

While many baby boomers are pushing back retirement, especially compared to previous generations in the early 2000s and the two preceding decades, the average retirement age actually used to be even higher, according to research from the Boston College Center for Retirement Research. Dating back to 1962, the Retirement Research Center mapped the average retirement […]