It can be harder for seniors to get mortgages, research shows

Feb 15, 2023
Many older people have lower incomes and less time to pay off loans than younger counterparts, making lenders hesitant.
Older homeowners may be denied refinancings or new mortgages because of high debt-to-income ratios or other financial factors, according to Linna Zhu at the Urban Institute.
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What's behind the larger Social Security checks?

This month Social Security checks went up by an 8.7% cost of living increase. But what happens to social security in the future?
Marketplace Senior Economics Contributor Chris Farrell outlines the benefits of this month's boost to government retiree benefits.
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With more Brits retiring early, the Bank of England warns of a shrinking workforce — and rising inflation

Jan 17, 2023
A surge in the number of early retirees threatens to prolong inflation in the U.K.
The Bank of England, seen above, warns that a shrinking workforce and prolonged labor shortages could drive up inflation.
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Coming soon: new tax incentives for low-income people to save for retirement

Dec 30, 2022
People who meet certain income requirements will soon be able to get a 50% match from the federal government on up to $2,000 they save in a retirement account.
A 2019 paper found many white Americans don't fully understand the true size of the racial wealth gap.
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Reforms in latest spending bill could help close gender gap in retirement savings

Dec 27, 2022
The SECURE Act 2.0 aims to help part-time and lower-wage workers — categories where women are overrepresented — save for retirement.
Because women typically generally earn less over their lifetimes, it can be more difficult for them to save for retirement, says economist Betsey Stevenson.
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How Congress' latest bid to help Americans save for retirement falls short

Dec 12, 2022
Economists say bills like the Secure Act 2.0 mostly benefit those who already have some retirement savings.
One in four Americans aren't saving for retirement, many of them because they can't afford to.
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Social Security recipients to get their biggest cost-of-living raise in over 40 years

Oct 10, 2022
The adjustment is likely to be announced this week and expected to be around 9%. It's welcome news for recipients struggling with inflation.
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The case for calculating climate risk into retirement plans

Retirees may want to consider climate change risk when choosing a spot to settle down, says Chris Farrell.
Popular retirement destinations like Florida and Arizona are experiencing the effects of worsening climate change, says Marketplace senior economics contributor Chris Farrell.

How inflation is changing Americans' retirement plans

Jun 2, 2022
Many people are saving less for retirement or putting it off as rising prices squeeze their budgets, a new survey finds.
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While a 401(k) that includes cryptocurrency may pique the interest of younger investors, the volatility of bitcoin worries some financial advisors.
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