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The Unique Challenges of Retirement for Parents of Adult Children with Disabilities
Overview: For many older Americans, retirement is a time to relax and explore new opportunities. However, for parents of adult children with disabilities, retirement often means continuing their lifelong caregiving roles. These parents face unique financial and...
Women, part of the wave of baby boomers reaching ‘peak 65,’ are more likely to struggle in retirement, research finds
Women Boomers Facing Financial Challenges in Retirement The largest cohort of baby boomers, the "peak 65" generation, is reaching age 65 between now and 2030. However, women, who make up 52% of these boomers, are more likely to struggle financially in retirement...
As Social Security’s funds face insolvency, experts say these are key factors to watch
Key Factors in Social Security’s Financial Outlook The latest Social Security trustees report offers a slight improvement in the program’s outlook, projecting the combined funds to last until 2035, a year later than previously expected. However, this modest extension...
Millennials Face Greater Challenges in Retirement Compared to Older Generations
Overview: Millennials, born between 1981 and 1996, face a more challenging retirement outlook than previous generations, including Generation X and baby boomers. Factors such as policy changes, increased life expectancy, and higher student debt burdens contribute to...
6 Steps to Tune Up Your Retirement Finances
Navigating retirement can be overwhelming due to uncertainties like market volatility, inflation, life expectancy, and Social Security. Just as a mechanic regularly tunes up a car to keep it running smoothly, periodically reviewing your finances can help you maintain...
Streamlining Business Growth: Fast and Simple Financing Solutions
The Challenges of Starting or Growing a Business Starting or expanding a business is a venture fraught with numerous challenges, not least of which are the substantial financial commitments required. One of the most significant costs that burgeoning enterprises face...