Seniors

Tonight on NBC Nightly News, Chris Jansing reports on a new study that shows Americans age 50 and older are carrying an average of $8278 in credit card debt, thousands more than younger people. In addition, nearly 18 percent of those nearing retirement said they are using their...
01/15/2013
News/Resource
Though your retirement or bank accounts statements contain no evidence of it, everyone who has an IRA, 401k, or any other individual retirement savings account pays a variety of fees every year. But because these fees are taken “off the top” of investment returns or share prices accountholders...
05/29/2012
Publication
Not so long ago debt "was a four-letter word when spoken in the same breath as "retirement." Before waltzing into their golden years, older Americans paid off their loans, then celebrated by burning the mortgage. How things have changed!   Now a third of folks 65 and older have a mortgage vs....
04/25/2012
News/Resource
On Thursday morning the New York State Legislature agreed to a deal limiting pensions for future public employees. The state thus joins 43 others that have recently enacted legislation curtailing public retirement benefits. Though New York needs to reduce its spending, the cuts come at a...
03/16/2012
News/Resource
State government should offer a retirement plan to the increasing number of people whose companies don't provide a pension or a 401(k) savings program, labor groups and other advocates this week told a legislative panel. The Labor and Public Employees Committee has raised a bill that would create a...
03/07/2012
News/Resource
New York - Today, the Institute on Assets and Social Policy and the national policy center Demos released a report revealing that only four percent of Latino seniors and eight percent of African-American seniors have the resources to maintain economic security for the duration of their...
09/25/2011
Press Release
Capitol Visitors Center SVC 210-212 Washington, DC Demos, the Economic Policy Institute, the Schwartz Center for Economic Policy Analysis at The New School, and the Pension Rights Center invite you to an event to discuss how 401(k)-type retirement savings accounts have failed...
08/16/2011
Event
New York, NY-- Recent comments made by President Obama about the threat of budget negotiations stalling crucial social security payments have highlighted the growing pain felt by America's seniors. A new report "From Bad to Worse: Senior Economic Insecurity On the Rise," from the Institute on...
08/09/2011
Press Release
Building on Living Longer on Less, the first report in a series examining the financial vulnerability of the elderly, this report examines the economic security of African-American and Latino senior households.   LONG-TERM ECONOMIC SECURITY AND RISK  The SFSI finds that  91 percent...
08/08/2011
Publication
The retirement security of American families has crumbled in the past generation. Workers retiring in the next 20 years can expect to receive only 65 percent during retirement of what they made during their working years, a drop of 16 percent from their parents. Foreboding economic forecasts...
08/08/2011
Publication
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