Tag: retirement
How will your spending change once you retire? Will you be able to afford your needs? Will healthcare drain your budget? The U.S. Bureau of Labor Statistics (BLS) provides some clues in its data on the spending patterns of older Americans. The pie charts below show the percentage of total household budgets in 2014 that…
Only about half of U.S. workers in their late 50s can be expected to remain employed at age 63, and less than a third make it past 65. New research looks below the surface of these broad trends to reveal the role that the specific characteristics of individual occupations play in whether baby boomers can…
