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Stock impact report

10 Facts About the Financial Fragility of Retirees in the Post-Pandemic Economy [Yahoo! Finance]

Aegon Ltd. New York Registry Shares (AEG) 
US:NYSE Investor Relations: aegon.com/investors
Company Research Source: Yahoo! Finance
LOS ANGELES Nov. 26, 2024 /PRNewswire/ -- Fewer than one in four retirees (23%) are very confident they will be able to maintain a comfortable lifestyle throughout their retirement, according to a new report, Retiree Life in the Post-Pandemic Economy , released by nonprofit Transamerica Center for Retirement Studies® (TCRS) in collaboration with Transamerica Institute®. "Retirement brings freedom and time for personal pursuits," said Catherine Collinson , CEO and president of Transamerica Institute and TCRS. "However, retirees are living on a fixed income with limited financial resources. Many would be unable to withstand a major financial shock, such as the need to pay for long-term care. Retirees' fragile financial situation serves as a cautionary tale that underscores the imperative for strengthening our retirement system." Retiree Life in the Post-Pandemic Economy examines the health and well-being, personal finances, and retirement security of U.S. residents who are retired Show less Read more
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