Seniors | Jotup

New Report Reveals How Retirement Plan Design Can Address the Racial and Gender Retirement Savings Gap

Retrieved on:

Tuesday, March 19, 2024

The Collaborative for Equitable Retirement Savings today published its first report, “ Racial and Gender Disparities in 401(k) Account Balances: How Large are They and What is Causing Them?

Key Points:

The Collaborative for Equitable Retirement Savings today published its first report, “ Racial and Gender Disparities in 401(k) Account Balances: How Large are They and What is Causing Them?
Additional findings from the first report include:
Black and Hispanic females contribute lower percentages of their salaries than their counterparts after controlling for age, salary, tenure, and plan design variables.
Examining the retirement savings data, and the underlying behaviors, around the existing disparities has unveiled preliminary insights that will help the retirement savings system evolve to address the racial and gender wealth gap,” said Lew Minsky, president and chief executive officer of DCIIA.
“This report signals that minor plan and benefit changes can likely translate to significant increases in the retirement savings balances of Black and Hispanic households in particular.

Titan Casket and 1891 Financial Life Announce a New Partnership to Help Families Save Money

Retrieved on:

Wednesday, March 13, 2024

Other Retail, Professional Services, Online Retail, Family, Specialty, Consumer, Health Insurance, Retail, Insurance, Seniors, Finance, Health, Consulting, Titan, Partnership, Titan Casket, Funeral home

Together Titan Casket and 1891 Financial Life, a community-based insurance carrier, have created a new partnership to offer a saving opportunity to 1891 Financial Life’s membership.

Key Points:

Together Titan Casket and 1891 Financial Life, a community-based insurance carrier, have created a new partnership to offer a saving opportunity to 1891 Financial Life’s membership.
Through this program, 1891 Financial Life members can purchase a casket at a significantly lower price than at a funeral home.
Here’s how it works: 1891 Financial Life members will be able to buy in advance from over 300 Titan Casket products, with the flexibility to pay upfront for the casket or in installments and receive a contract for safekeeping.
“At 1891 Financial Life, we are looking beyond the bottom line, you will find that we are bringing additional value through new partnerships like Titan Casket.

MassMutual Research: Most Retirees are Happier in Retirement vs. Working Thanks to Financial Preparation, but More than One Third Report Feeling Lonely

Retrieved on:

Wednesday, March 13, 2024

Nearly half (49%) of retirees who are much happier in retirement planned by taking care of their health.

Key Points:

Nearly half (49%) of retirees who are much happier in retirement planned by taking care of their health.
While many retirees experience increased happiness in retirement, a noteworthy number admit to feeling lonely.
Of the 33% of retirees who are not happier in retirement, nearly half agree that retirement occasionally makes them feel lonely.
A third of retirees who are not happier in retirement report less opportunity for dating and romance in retirement than they expected.

Fidelity Investments® Research: Retirement Transforming as 2-In-3 Americans Live More Intentionally Post-Pandemic

Retrieved on:

Tuesday, March 12, 2024

Across generations, two-thirds look forward to pursuing work for pleasure while in retirement and hope for a phased retirement – working full-time at first, then part-time, before stopping altogether.

Key Points:

Across generations, two-thirds look forward to pursuing work for pleasure while in retirement and hope for a phased retirement – working full-time at first, then part-time, before stopping altogether.
“Americans are approaching their ‘golden years’ with more intention and opportunity than ever before,” said Rita Assaf, vice president of Retirement Products at Fidelity Investments.
Fidelity also created the Fidelity Retirement Score℠ , which provides a rough estimate of how much people may need in retirement and suggests ways to help improve their score.
Plus, for those with Fidelity workplace retirement accounts, there is access to one-on-one appointments, phone consultations and workshops through their employers.

Northern Trust Unveils “Secrets of Enterprising Families”

Retrieved on:

Tuesday, March 12, 2024

Family, Professional Services, Consumer, Seniors, Finance, Banking, Personal Finance, Marriage, FDIC, Running, Life, Equal housing lender, Retirement, Secrecy, Divorce, Management

Northern Trust today announced the launch of Secrets of Enterprising Families, a 300-page book exclusively available to clients, prospects and professional advisors.

Key Points:

Northern Trust today announced the launch of Secrets of Enterprising Families, a 300-page book exclusively available to clients, prospects and professional advisors.
The book draws from Northern Trust’s 135 years of experience serving many of the world’s most affluent families.
“As a confidant and advisor for over a century to enterprising families across several generations, Northern Trust has developed a differentiated and well-researched vantage point on wealth planning and optimization,” Northern Trust Wealth Management President Steven Fradkin said.
Northern Trust Wealth Management offers holistic wealth management services for affluent individuals and families, family offices, foundations and endowments, and privately held businesses.

Ventas Declares First Quarter 2024 Dividend of $0.45 Per Common Share

Retrieved on:

Tuesday, March 12, 2024

Commercial Building & Real Estate, Construction & Property, Finance, Seniors, REIT, Professional Services, Managed Care, Health, Consumer, VTR

Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that its Board of Directors has declared a quarterly dividend of $0.45 per common share. The dividend will be payable in cash on April 18, 2024 to stockholders of record as of the close of business on April 1, 2024.

Key Points:

Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that its Board of Directors has declared a quarterly dividend of $0.45 per common share. The dividend will be payable in cash on April 18, 2024 to stockholders of record as of the close of business on April 1, 2024.

Walker & Dunlop Originates $65 Million in HUD Loans for Seven Skilled Nursing Communities

Retrieved on:

Tuesday, March 12, 2024

Mental Health, Commercial Building & Real Estate, Nursing, Construction & Property, Seniors, Hospitals, Neurology, Physical Therapy, Consumer, Health, Walker & Dunlop, Partnership, Acquisition, MAP, Housing, HUD, Financial services

Walker & Dunlop arranged a 241(a)- NC addition HUD loan, which finances repairs for properties with an existing HUD loan.

Key Points:

Walker & Dunlop arranged a 241(a)- NC addition HUD loan, which finances repairs for properties with an existing HUD loan.
Walker & Dunlop arranged a 232/223(f) HUD loan that replaced commercial bank bridge financing for the 29-unit, two-asset portfolio acquisition.
Walker & Dunlop arranged a 232/223(f) HUD loan that replaced commercial debt and funded capital improvements for the 29-unit community.
Walker & Dunlop arranged a 232/223(f) HUD loan that replaced commercial bank bridge financing for the 50-unit, two-asset portfolio acquisition.

Sonida Senior Living, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

Retrieved on:

Tuesday, March 12, 2024

Seniors, Consumer, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Senior living, SNDA, RealPlayer

Sonida Senior Living, Inc. (NYSE: SNDA) (“Sonida” or “the Company”) announced today that it will issue its fourth quarter and full year 2023 earnings release before the market opens for trading on the New York Stock Exchange on Wednesday, March 27, 2024.

Key Points:

Sonida Senior Living, Inc. (NYSE: SNDA) (“Sonida” or “the Company”) announced today that it will issue its fourth quarter and full year 2023 earnings release before the market opens for trading on the New York Stock Exchange on Wednesday, March 27, 2024.
A conference call to discuss those earnings will be held on the same day, Wednesday, March 27, 2024, at 12:30 p.m. Eastern Time.
The Company will file its 2023 Form 10-K on Wednesday, March 27, 2024.
The conference call will be recorded and available for replay starting March 28, 2024, through April 11, 2024.

Genworth Releases Cost of Care Survey Results for 2023: Twenty Years of Tracking Long-Term Care Costs

Retrieved on:

Tuesday, March 12, 2024

The cost of long-term care services increased across all provider types and increased more substantially for certain settings, according to Genworth’s Cost of Care Survey 2023.

Key Points:

The cost of long-term care services increased across all provider types and increased more substantially for certain settings, according to Genworth’s Cost of Care Survey 2023.
Inflation and the shortage of skilled care workers are the core drivers of increases in the costs of care services.
Genworth, in partnership with CareScout, a wholly owned subsidiary of Genworth Financial, Inc., has been conducting its Cost of Care Survey since 2004.
Cost of Care Survey tool , an interactive web-based tool to help calculate the median cost of long-term care services in your area.

Embracing Spring: A Senior's Guide to Prep for Spring According to Lisa M. Cini

Retrieved on:

Monday, March 11, 2024

Home Goods, Retail, Technology, Mental Health, Women, Seniors, Luxury, Parenting, Other Retail, Men, LGBTQ+, Wearables, Mobile Technology, Specialty, Family, Consumer, Health, Hive, Friends, Exercise, Walking, Environment, Paint, Rejuvenation, Vegetable, Gardening, School, Tablet, Yoga, Mental health, Quality of life, Life, Carbon, Diet, Happiness, Water, BOOM, Future, Safety, Ageing, Weather, Management

Preparing for spring is not just about deep cleaning; it’s about creating an environment and lifestyle that supports well-being, safety, and joy.

Key Points:

Preparing for spring is not just about deep cleaning; it’s about creating an environment and lifestyle that supports well-being, safety, and joy.
“Spring is a season of renewal, making it the perfect time for seniors to refresh their surroundings, routines, and social connections,” says Lisa M. Cini President / CEO of Mosaic Design Studio .
If you haven't used something in the past year, consider donating it or giving it to someone who can use it.
Lisa is also the founder of BestLivingTech.com offering tech products that help seniors embrace aging and living independently.