Moving and Retirement
After the Great Recession: Long-term Unemployment and Older Women
From the Federal Reserve: In this essay, we focus on changes in the age distribution of long-term unemployment (LTU), the component of unemployment that grew to prominence during the Great Recession and its aftermath. In particular, we consider the differences between unemployed male and female workers. We also compare years before and after the Great Recession. more »
The Federal Reserve Raises Federal Funds Rate For the First Time in Nine Years
"The Federal Open Market Committee judges that there has been considerable improvement in labor market conditions this year, and it is reasonably confident that inflation will rise, over the medium term, to its 2 percent objective. Given the economic outlook, and recognizing the time it takes for policy actions to affect future economic outcomes, the Committee decided to raise the target range for the federal funds rate to 1/4 to 1/2 percent." more »
Unveiling the Planning for Retirement Tool By the Consumers Financial Protection Bureau
Americans are eligible to claim Social Security retirement benefits without any reduction when they reach what the Social Security Administration calls the 'full retirement age.' For people born after 1942, their full retirement age ranges from 66 to 67, depending on the year the person was born. But consumers can begin to claim their benefits at other points as well, starting either several years before or several years after their full retirement age. The outcome is not the same, however, depending on when you opt to claim your benefits. more »
New York City Through An 85-Year-Old’s Eyes; Following 20 Older New Yorkers Over One Year
Jacquie Murdock is a jazz aficionado, dancer, and fashion maven. Right now, she’s working on her memoir in between modeling for high-end fashion houses like Lanvin. She's also a legally blind 85-year-old New Yorker. What's it like to live in New York City as an octogenarian like Jacquie? more »