As individuals approach their 60s, they face the important decision about when to start claiming Social Security retirement benefits. A report by Philip Armour and David Knapp of the RAND Corporation – shared via AARP’s Public Policy Institute – examines the characteristics of those who decide to start collecting at the early eligibility age (EEA) of 62 compared with those who wait until later.
A companion report, “The Consequences of Claiming Social Security Benefits at Age 62,” asks what financial consequences the decision to collect early might have for the individual over time. Continue reading
The RRF Foundation for Aging, which supports the Elder Economic Security Index from UMass-Boston, among other related projects, released an issue brief with data highlighting the importance of addressing economic security for older adults. Continue reading
Encore Boston Network is seeing growing interest among people over 50 in getting back into the job market or kick-starting their job searches after the 2020 downturn. According to the organization, more businesses are beginning to hire, including workers over 50. In addition, there is continued interest in self-employment and business startups — half of all new businesses are now started by people over 50. Continue reading
Dramatically higher percentages of Black, Latino and Asian older adults live on incomes that don’t meet their cost of living, even with Social Security, according to research by Jan Mutchler, PhD of UMass-Boston’s Gerontology Institute.
The article highlighting the disparities in economic insecurity among older adults is posted on the UMass Gerontology Institute blog and “The Conversation,” a non-profit independent online news organization. Continue reading
SAGECents, a collaboration between SAGE and LifeCents, is a digital wellness platform made specifically for LGBT elders to increase financial stability and reduce the economic stress. Continue reading
In addition to an evolving COVID-19 resource page, MHAC is continuing to collect and share updates on COVID-19 from state government, federal agencies like the Centers for Disease Control, and other key stakeholders.
These updates are to help and inform a wide range of individuals and partners, including communities working to become more age- and dementia friendly.
Please see the latest updates below: Continue reading
The New Social Contract: Age-Friendly Employers explores the vital role of employers in helping workers successfully navigate their working lives and prepare for retirement, a role that has become even more crucial and precarious amid the pandemic.
It is the fourth report in a series released through collaborative work between nonprofits Instituto de Longevidade Mongeral Aegon and Transamerica Center for Retirement Studies, and Aegon Center for Longevity and Retirement (ACLR). Continue reading
AARP Massachusetts is seeking nominations for the AARP Andrus Award for Community Service. The association’s most prestigious volunteer tribute recognizes outstanding individuals age 50 and older who are sharing their experience, talents and skills to enrich the lives of others. Continue reading
AARP is reporting on the Internal Revenue Service’s new “U.S. Tax Return for Seniors,” which could make filing season a bit less taxing for eligible older taxpayers. Continue reading
By 2024, workers age 55 and older will represent 25% of the nation’s workforce, with the fastest annual growth rates among those aged 65-and-older.
This evolving workforce presents business owners and C-suite leadership with unprecedented challenges, an array of new risks and some unique opportunities. The 2019 Hiscox Ageism in the Workplace Study surveyed 400 U.S. full-time employees over the age of 40 to gain on-the-ground insights into the experience of age discrimination in the workplace. Continue reading