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What Americans of Every Age Should Know About the State of Retirement Today

 

Exercise really does help and Social Security might still be around when millennials retire

Social Security: Young people should count on Social Security in the future, said Nancy Altman, the president of Social Security Works, partly because both Democratic and Republican voters agree Social Security needs to be around.

An area of trouble is when seniors take out student loans for family members. If those loans aren’t paid off, the lender can take Social Security as payment. More than a third (37%) of federal student loan borrowers 65 years and older were in default in 2015 as a result, according to Stacy Canan, assistant director for the Office for Older Americans at the Consumer Finance Protection Bureau.

November 2017 / Read More...

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