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Archive for the 'Finance' Category

John Oliver on Retirement Plans


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Are nursing home expenses driving savings?

From a working paper by Karen A. Kopecky and Tatyana Koreshkova. …even though they are only a third of OOP [out-of-pocket] health expenses, the presence of nursing home expenses accounts for more than half of savings for all health expenses…We find that 27 percent of savings for old-age OOP health expenses, 3.7 percent of private wealth, is […]

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Will you have enough money for retirement?

For many individuals, the answer is increasingly ‘no’.   Yahoo and the Wall Street Journal report that: Fifty-seven percent of U.S. workers surveyed reported less than $25,000 in total household savings and investments excluding their homes, according to a report to be released Tuesday by the Employee Benefit Research Institute. Only 49% reported having so […]

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