In the United States, 10,000 people are retiring per day. By 2030, the population will consist of 17 million people aged 65 and older. Despite these growing numbers, many seniors lack adequate retirement savings, resulting in a risk of downward mobility among the elderly population.
On July 26, 2013, the AARP and U.S. Chamber of Commerce hosted a forum to discuss and shed light upon this issue. Together, the two organizations issued a joint statement calling the President and Congress to mobilize policies that would result in more retirement saving. Specifically, AARP and the U.S. Chamber highlighted the importance of the following:
In addition to the statement, several panels further emphasized the need for policy changes to implement these suggestions and ultimately lead to more awareness and greater overall savings. Speakers included Putnam Investments CEO Bob Reynolds and several other distinguished panelists.
View the forum in its entirety
Human Resources, Labor Relations
On December 15, the National Labor Relations Board (NLRB) published a final rule amending its representation case (i.e., election) procedures. The so...
Federal Agency Activity, Health Care
Medical debt has a significant impact on consumer credit, with 43 million Americans having overdue medical debt on their credit cards, prompting the C...
Disabilities, Health and Wellness, Policy in the States
New Hampshire recently hosted a conference to address aging issues in New England, attended by political and civic leaders from Maine, Vermont, and Ne...
Family Relations, Federal Agency Activity, Financing Senior Living – Consumer Education
The government has proposed additional measure for ensuring that homeowners and struggling borrowers have more foreclosure protections, including expa...
Federal Agency Activity, Health Care, Research
Research studies and clinical trials help doctors and others understand more about aging and diseases affecting older adults and to help spread that m...