Tuesday, March 28, 2023

Play

Nashville mourns six dead in the latest mass shooting, the EPA takes public input on a proposal to clean up Pennsylvania's drinking water, and find ways to get more Zzz's during Sleep Awareness Month.

Play

A shooting leaves six dead at a school in Nashville, the White House commends Israeli Prime Minister Benjamin Netanyahu's decision to pause judicial reform, and mayors question the reach of state and federal authorities over local decisions.

Play

Finding childcare is a struggle everywhere, prompting North Carolina's Transylvania County to try a new approach. Maine is slowly building-out broadband access, but disagreements remain over whether local versus national companies should get the contracts, and specialty apps like "Farmers Dating" help those in small communities connect online.

Report: California Seniors Careening Toward Retirement Largely Unprepared

Play

Thursday, October 15, 2015   

SACRAMENTO, Calif. – The senior population of California will grow by two-thirds over the next 20 years, and most workers are not saving enough for retirement.

The dire prediction comes in a new report from UC Berkeley released today called Aging California's Retirement Crisis: State and Local Indicators. Dr. Nari Rhee, manager of the Retirement Security Program at UC Berkeley's Center for Labor, says California's senior population is increasingly vulnerable.

"The fastest growing groups of seniors are age 80 and older, Latinos and Asians," she says. "In addition, women will continue to make up a majority of seniors. And these are the very populations that tend to have fewer resources in retirement."

The report is the highlight of a conference on retirement being held today in Sacramento. Another finding is that more than 6.2 million Californians do not have a retirement savings plan through their employer.

Blanca Castro, advocacy director with AARP California, which is co-sponsoring the conference, supports legislation coming next year that will establish the Secure Choice program – a retirement savings plan run by the state that would help Californians who don't have access to a 401K.

"The Secure Choice grants would be a vehicle for many people who currently don't have a way to save for retirement," she says. "Regardless of where you work, this savings program would always go with you."

The report also found that the Fresno and Los Angeles areas will face the largest populations of seniors who have no other retirement income apart from Social Security.


get more stories like this via email

Black Americans are the most likely to suffer from insufficient sleep. (ChadBridwell/Adobe Stock)

Health and Wellness

March is Sleep Awareness Month and health experts say Americans are not getting enough of it. United Health Foundation data found more than 32% of …


Environment

Environmental groups are seeking greater input as California puts the finishing touches on its application to become a hub for hydrogen fuel productio…

Social Issues

This month marks 160 years since the first Medal of Honor was awarded by President Abraham Lincoln. More than a dozen of the 65 recipients alive …


According to The Medal of Honor Museum and Foundation, 3,514 men and one woman have won the Medal of Honor in service of their country from the Civil War to the present day. (Adobe Stock)

Social Issues

160 years ago, Civil War soldiers were awarded the first Medals of Honor. Now, a Medal of Honor Monument will soon be built on the National Mall in …

Social Issues

The meat processing industry continues to face scrutiny over labor practices in states like Minnesota. Proposed legislation would update a 2007 law…

A report published in late February says children of mothers who are abused or neglected were more likely to demonstrate symptoms and behaviors linked to depression, along with other health issues. (Adobe Stock)

Social Issues

New findings suggest health effects stemming from child maltreatment can be passed on to the next generation. In South Dakota, leaders in early-…

Social Issues

Mexican fast-food chain Chipotle will pay workers at its former location in Augusta, Maine as part of a settlement over labor law violations…

Environment

One Arizona mayor is among the more than 2,800 elected city officials in Washington, D.C., this week for The National League of Cities' Congressional …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021