By Alexandra Olson NEW YORK (AP) — Carlos Garcia was three years into his first job in technology at Merrill Lynch when he first learned what a 401K retirement savings account was. He was floored when he learned that a colleague had already saved $30,000 in...
Programs that employees must pay into have replaced those traditional, employer-funded pensions. Savings are bleak; almost half of American families have no money set aside for retirement For many elderly people—especially those who are low-income—the Social Security check is the only way to make ends...
A 2009 AARP study says Hispanics could account for nearly a quarter of the population ages 50-64 by the year 2050. The 2.7 million immigrants, mostly farmworkers, who gained amnesty when President Ronald Reagan signed the 1986 Immigration Reform and Control Act, are rapidly aging...
A couple who are both age 60 and who purchase new long-term care insurance coverage can expect to pay between 6 and 9 percent more compared to a year ago according to the 2017 Long Term Care Insurance Price Index, an annual report from the...
The Tumultuous Path Toward Legal Protections and Economic Security...