SEEING OUR WAY TO FINANCIAL SECURITY IN THE AGE OF INCREASED LONGEVITY
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The inaugural
Sightlines Project report illustrated many trends, most of which indicate that we, as a society, are moving in the wrong direction. Americans are more sedentary today than in generations past and fewer report being socially connected within their communities compared to 20 years ago. The most prominent downward trends, however, emerged in the domain of financial security.
In this report, we work to better understand what we observed in our bird’s eye view of American financial security by focusing in on what might predict financial security at different life stages. While there were many possibilities for investigation, we selectively identified the most compelling Sightlines findings on financial security that closely aligned with topics we see in the headlines. In the end, we zoomed in on four areas: generational shifts in U.S. home ownership, prognosis of Americans’ retirement contributions, Baby Boomer savings and debt, and women’s financial decision making.
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NOVEMBER 1
| DESIGNING TECHNOLOGY FOR AN AGING POPULATION
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The world’s population is aging, especially in developed countries. The audience for most websites, apps, and digital devices includes older adults, so most websites, apps, and digital devices should be designed to accommodate them. Unfortunately, many are not.
Based on his experience designing, reviewing, and testing apps and websites with older adults, and on an extensive review of the literature, this talk given by
Jeffrey Johnson, Assistant Professor in Computer Science at University of San Francisco, describes age-related factors that affect older adults’ ability to use digital technology, and present design guidelines that reflect older adults’ varied capabilities, usage patterns, and preferences.
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October 26, 2018
| CNBC
Here’s how much of your income you should be saving for retirement, depending on when you start
More people are saving for retirement today and they’re starting to do so younger. Still, they’re not putting nearly enough away, according to a new report from the Stanford Center on Longevity. People should save between 10 percent and 17 percent of their income if they plan to retire at 65 (even if they start at 25), the researchers write.
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August 22, 2018 |
CBS MoneyWatch
High Debt Imperiling Standard of Living For Future Retirees?
High personal debt could endanger the standard of future retirees, a new report warns. This warning comes as retiring Baby Boomers confront greater financial retirement challenges than their parents and grandparents did when they left the workforce in a study from the Stanford Center on Longevity.
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October 22, 2018 |
CBS MoneyWatch
Tough retirement realities for baby boomers
The vast majority of older working Americans don't have sufficient savings to retire full-time at age 65 with their pre-retirement standard of living. That's one of the sobering conclusions from the recent Sightlines report issued by the Stanford Center on Longevity.
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October 22, 2018 | Stanford News
Americans are not financially prepared for living longer lives, Stanford study finds
A new report published by the Stanford Center on Longevity looks at the financial security of Americans at different life stages, with a focus on two key areas of economic stability: homeownership and retirement. Across generations, Americans are falling short.
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WIDOWHOOD: THE LOSS COUPLES RARELY PLAN FOR -- AND SHOULD
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Merrill Lynch and Age Wave
If you're married, it's inevitable that either you or your spouse will become a widow or widower some day in the future. And often it’s the wife, since women are more than three times as likely as men to lose their spouse, according to an insightful study by Merrill Lynch and Age Wave titled "Widowhood: The Loss Couples Rarely Plan for -- and Should."
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