Americans' spending found to decline consistently after age 65
Americans' personal spending drops consistently after age 65, both among the affluent and those with lower levels of financial resources, according to a new RAND Corporation report.
Americans' personal spending drops consistently after age 65, both among the affluent and those with lower levels of financial resources, according to a new RAND Corporation report.
Social Sciences
Dec 8, 2022
0
24
Only about one in three Americans have enough saved for retirement, according to a national survey. But new research from the University of Georgia offers what might be a silver lining to the doom and gloom: Generation X ...
Social Sciences
Nov 29, 2022
0
2
State-sponsored retirement plans could help workers save more and help retirees rely less on social services—as long as the cost-effectiveness of such plans aren't bogged down by fees—according to a new report from Rice ...
Economics & Business
Nov 9, 2022
0
2
As a boy, Terry loved music and taught himself trombone, guitar and the tuba. Right through school and university he played in the evenings in jazz groups, musical theater and marching bands. He started work as an accountant ...
Social Sciences
Nov 2, 2022
0
9
Can people's individual actions make a difference in how much carbon dioxide is emitted on an international scale? International organizations like the United Nations have called on individuals to limit their carbon footprint ...
Environment
Nov 2, 2022
0
24
American workers with limited job opportunities during their working years face obstacles in retirement too, perpetuating inequities among demographic groups. That's according to research conducted by Emma Aguila, a USC Price ...
Social Sciences
Sep 27, 2022
0
1
Today's workforce might best be described in terms of tumult: Great Resignation, Great Retirement, Great Reshuffle, etc. In this "new normal," managers must learn to navigate a state of continual transition in their teams ...
Social Sciences
Sep 19, 2022
0
15
It seems like an oxymoron—working in retirement. And, yet there will be many people who are either forced into working because of finances after they reach statutory retirement age or choose to carry on working, perhaps ...
Social Sciences
Aug 29, 2022
0
4
Financial experts are encouraging pre-retirees to sharpen their financial skills as a new report from the University of South Australia shows that 31% of older Australians (aged 55+ years) feel insecure about their financial ...
Social Sciences
Jun 15, 2022
0
4
Most employees in the U.S. with certain retirement accounts may be surprised when they open their next quarterly statements—and not just because of recent turmoil in financial markets, according to a paper from a University ...
Economics & Business
May 13, 2022
0
51