From MarketWatch Retirement:
Opinion: In the debt-ceiling farce, the joke’s on us. If the true U.S. national debt could be brought down to a mere $31.4 trillion, policy makers across the aisle would rejoice.
Medicare wanted to stop paying for my mom’s stay in rehab. I successfully appealed — twice — and you can, too. When a hospital or nursing home wants to send a loved one home, but you don’t think they’re ready, you can fight back.
Gen Z members are superstars of retirement saving as overall balances rise and 401(k) loans drop. Despite fears of a potential recession, stubborn inflation and interest-rate hikes, Americans socked away more money for their retirement in the first quarter, especially the youngest workers, Generation Z, according to Fidelity Investment’s first-quarter analysis.
Also on MarketWatch:
Will Social Security exist for millennials and Gen Z?
Before Tina Turner died at 83, she gave us these 5 retirement lessons
Opinion: Why AI should be good for bonds
Opinion: Taxpayers may be on the hook for another $1.5 trillion for state and local pensions
This is the best state for military retirees — and these are the worst
New Alzheimer’s drug could bring hope to patients, but could be out of reach for people on Medicare
More in retirement news:
Retirement Crisis: Older Americans Struggle to Afford Life After Work (Yahoo Finance)
How much do I need to retire? A guide to financially making the most of your golden years (USAToday)
This retirement savings account is at least 17% better than a 401(k), says expert: It’s ‘a complete cheat code’ (CNBC)
Here’s How Much People Have Saved for Retirement in Every State (Yahoo Finance)
How To Improve Retirement Confidence In Today’s Uncertain Economy (Forbes)
Research and Insight:
EBRI Study: Inflation, Weak Stock Market Slashed Retirement Confidence (PlanAdviser)
Half of Households at Risk of Lower Living Standards in Retirement (ASPPA)
Why Young Boomers Have So Little Wealth at Retirement Age (ThinkAdvisor)
An 85-year Harvard study on happiness found the No. 1 retirement challenge that ‘no one talks about’ (CNBC)
Many married couples are making subpar retirement choices, study finds (Yahoo Finance)
To share with your family, friends and clients:
Worries about the economy, Social Security and not having enough money sours Americans on retirement, Gallup says
Generation Z is investing — but their No. 1 choice may give you cause for concern
‘I wish my name was on somebody’s list who wanted to give money away’: How do I get the financial help I need?
Some encouraging news about dementia: the risks, the warning signs and what helps prevent cognitive decline
Secure 2.0 doesn’t do enough to help savers—here’s how to fix it
