By Maureen Stanley In this article, we’ll discuss LGBTQ senior living options and essential questions to consider as you search for a place to spend your golden years. We’ll also detail LGBTQ-oriented retirement communities across the United States and top cities embracing LGBTQ elders. Source SeniorLiving
By Caroline Medina, Lindsay Mahowald & Rose Khattar The COVID-19 pandemic and ensuing economic crisis resulted in significant hardship for people across the country: Tens of millions of people lost their jobs, unemployment rates increased, and economic activity declined. To mitigate these economic impacts, federal policymakers enacted multiple relief bills, including the American Rescue Plan Act. These investments shortened the recession in the wake of the pandemic and have helped propel a historic economic recovery resulting in the most jobs...
By UBS Wealth Management The U.S. Supreme Court’s landmark decision on same-sex marriage in 2015 made marriage equality the law of the land, giving same-sex partners spousal inheritance rights, survivor social security, tax credits, second-parent adoption rights and other benefits accrued to married couples. Yet as momentous as that decision was, “the right to get married doesn’t fix all the other problems out there,” says David Mietty, Wealth Management Consultant at UBS. He notes, individuals may still encounter workplace and housing...
The immigration crisis has become a recurring theme in social gatherings and political debates, and is the main issue of the U.S. presidential election. Amid this discussion, one certainty stands out: while it’s well known that migrants have a need to live in the United States, a study has highlighted that the country needs them too. Twenty percent of U.S. workers were not born in the United States, and it is expected that in the near future more than seven million more migrants...
Las personas que están por cumplir 59 años y medio forman parte del grupo de edad conocido como Generación X. Este sector de la población de Estados Unidos están por llegar a la tan ansiada jubilación. Lamentablemente, la alegría pronto pasa a la preocupación luego de que un nuevo estudio encontró que el 40% de las personas en esas edades no tiene ningún centavo ahorrado para su jubilación. El Instituto Nacional de Seguridad de la Jubilación (NIRS) presentó un informe en el que...
As Americans contemplate their retirements and envision their golden years, a cascade of serious concerns and anxieties often accompanies these thoughts. Retirement planning is riddled with weighty financial decisions, and it’s common for individuals to grapple with these uncertainties. A recent survey conducted by GOBankingRates highlights some of the most significant worries Americans have about their retirement. Major Retirement Concerns 1. Running Out of Money A significant 59% of survey respondents fear the possibility of running out of money during retirement. This...
Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index (MPBI). As the pension risk transfer (PRT) market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer. During May, the estimated cost to transfer retiree pension risk to an insurer in a competitive bidding process decreased slightly, from 100.9% of a plan’s accounting...
The overall estimated funding ratio of the 100 largest U.S. public pension plans bounced back in May thanks to strong investment returns for the month, according to the Milliman 100 Public Pension Funding index. The increase in the funding ratio to 79.4% as of May 31 from the estimate of 77.6% as of April 30 was primarily the result of positive market performance in May, almost completely reversing a weak April for investment returns. The estimated funding ratio at the...
The cohort once derided as the “slacker generation” is about to start heading into retirement, and many Gen Xers aren’t feeling so optimistic about it after not doing as much to get ready. Only 62% of Gen Xers feel confident about “being able to financially support all the things they want to do in life,” according to Allianz Life Insurance’s 2024 annual retirement study. That’s well below baby boomers (82%) and millennials (77%). To be sure, the simple fact that Gen X...
By National Resource Center on LGBTQ+ Aging This report highlights how state, local community organizations, funders and healthcare providers can make innovative impacts in health equity. We are living in a vastly different world than that of 2013, and this section highlights some of the present-day context within which we are doing this work. The United States is becoming older and more diverse. Yet, how we often talk about and intervene on issues related to diversity in aging continues to fall short...
