This top concern of U.S. retirees is a ‘huge risk factor,' says retirement expert—here's how to plan for it [CNBC]
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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Source: CNBC
But living in retirement comes with some concerns, too. Among current retirees, 31% say declining health or illness is their biggest worry, according to CNBC's August 2024 Your Money retirement survey conducted with SurveyMonkey — the most common response. Dealing with health-care costs was the second-most prevalent concern, at 16%, with another 14% saying they fear running out of money. For millions of Americans, those worries tend to converge in troubling ways. Consider Morningstar's recently updated model of U.S. retirement outcomes . After factoring in spending, investing and life expectancy data, among a litany of other factors, researchers forecast that 45% of U.S. households will run short on money in retirement. While certain behaviors, such as investing over a long period in a workplace retirement account, drastically boost your odds of fully funding your retirement , researchers say, one factor nearly always has the opposite effect. “Long-term services and supports
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News
- Why new retirees may need to rethink the 4% rule [CNBC]CNBC
- Here's What is Included in Seven Corners Capital's Long Thesis for Genworth Financial (GNW) [Yahoo! Finance]Yahoo! Finance
- How to help loved ones suffering cognitive decline, and ensure their savings are secured [Yahoo! Finance]Yahoo! Finance
- Genworth Financial, Inc. (NYSE: GNW) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Why seniors should apply for long-term care insurance before 2025 [CBS News]CBS News
GNW
Sec Filings
- 11/7/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 10/29/24 - Form 13F-HR
- GNW's page on the SEC website