Retiree Health Care Costs

6/1/2009
Health Care Costs in Retirement
An analysis from EBRI on the savings needed for health expenses in retirement finds that men age 65 in 2009 retiring in 2009 will need anywhere from $68,000–$173,000 in savings to cover health insurance premiums and out-of-pocket expenses in retirement if they want a 50–50 chance of being able to have enough money. For women the cost is even higher.


Longevity Risk and Retirement

5/1/2009
The Threshold Generation
Those closest to retirement have been hit hard. In the midst of a recession that has taken a heavy toll on many nest eggs, just over half of all working adults ages 50 to 64 say they may delay their retirement -- and another 16% say they never expect to stop working, according to a national survey by the Pew Research Center's Social & Demographic Trends Project.
4/1/2009
2009 EBRI Retirement Confidence Survey
Workers who say they are very confident about having enough money for a comfortable retirement hit the lowest level in 2009 (13%) since the Retirement Confidence Survey (by EBRI) began in 1993. Workers expect to work longer, work into their normal retirement years and worry about meeting basic and health expenses.


Long-Term Care Risk

7/1/2009
Should You Carry A Mortgage in Retirement?
Paying off your mortgage before retirement used to be the norm. It may be coming back into vogue as more consumers struggle with how to meet their expenses in retirement.
3/1/2009
National Retirement Risk Index
Even if households work to age 65 and annuitize all their financial assets, including the receipts from reverse mortgages on their homes 44 percent will be ‘at risk.’ ‘At risk’ means they will be unable to maintain their standard of living in retirement. When health care costs were included explicitly, the percentage of households ‘at risk’ increased to 61 percent.