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The average 75-year-old American has about $462,000 in retirement savings, according to the Federal Reserve, but not everyone has the cache needed to ease through their golden years.
Data from the U.S. Bureau of Labor Stastics (BLS) shows number of people in the labor force who are 75 and older grew 53.7% from 2010 to 2020, and is projected to grow 96.5% between 2020 and 2030 ...
Read more: I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Don't panic. Here are 3 of the easiest ways you can catch up (and fast)
Many people build their social lives around work or family activities, but once they enter the retirement years and their kids have moved out, they're left without the social circles they've come ...
#1. I'm 70 years old. My precious wife of 41 years died this past January. I still feel like my world exploded. My kids and grandkids stay in touch and try to keep me from being lonely.
The gig workplace — short-term contract and freelance work — has become a significant part of the American economy. These jobs offer employment opportunities for seniors looking to supplement ...
People also may not remember where their home is or the loved ones who take care of them, Dr. Kobylarz says. “You can see [the person with dementia] change at a certain time of the day and ...
But Social Security benefits are designed to replace about 40% of a person's working income. Gen X, meanwhile, is also shaping up to hit retirement without enough saved for their golden years.