Retirement Savings Shortfall

The Financial Downside Of A Longer Life – And One Way To Plug A Potential Retirement Savings Gap

The fastest-growing demographic in the developed world is people over the age of 100 – a positive development for those desiring a long life but a challenging one when it comes to funding a retirement that could last 20 to 30 years or longer. With the average 65 year old American estimated to only have enough savings to fund about… 

The Critical Ways People Underestimate Retirement Costs – And How To Make Up For A Savings Shortfall

In a recent study, 44% of retirees reported that healthcare costs in retirement were higher than they had anticipated – and the financial security expert cited in today’s article cautions that “Higher-than-expected medical and nursing home costs are only two of several ways people underestimate their retirement costs.” What are the three critical ways she sees people underestimate their costs… 

Shaping Up A Retirement Savings Shortfall

A disturbingly large number of Americans are underprepared – “massively underprepared”, as the author of today’s article puts it – when it comes to their retirement savings. What can these individuals do about their predicament? The author advises that, while “there is no one-size-fits-all solution for those who are underprepared for retirement…the best approach likely includes some combination of the…