Tag: Personal Finance

Public-pension funding hits highest since 2007, powered by market returns

Public-pension funding surged in 2021 thanks to buoyant financial markets, taking funding levels to the highest in over a decade. As of June 30, 2021, the aggregate funded ratio of the 100 largest U.S. public pension plans is estimated at 85%, according to the 2021 Public Pension Funding Study from Milliman, an actuarial company, marking […]

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I never expected to retire to Panama — but we are living ‘very comfortably’ on $1,200 a month

Kris Cunningham never expected to be living in Panama. When her husband, Joel, started talking about retiring to Central America, “I thought he had lost his mind.” She didn’t have a passport and had never been abroad. But after nine years of living in David, a city of 83,000 near the Pacific Ocean and close […]

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What resources do 65-year-olds have to cover long-term care in retirement?

The second brief in our series on long-term care brings us one step closer to understanding the share of 65-year-olds that will be able to meet their long-term care needs in retirement.  Just to refresh your memory — in case you don’t think about this every day — the first brief examined the odds of […]

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