Retirement Trends

The average out-of-pocket household cost of health care in 2011 for seniors 85 and older was $6,603, constituting 19 percent of total household expenses.

Americans who report saving at least 5 percent of their income increased from 47 percent to 52 percent.

The company will be reducing its total amount of pension obligations by about $2.5 billion.

Forty-two percent of LGBT people reported a fear that that they would outlive the money they had saved for retirement, whereas only a quarter of non-LGBT respondents reported the same concern.

African American and Hispanic employees also were less likely to participate in a 401(k) plan studied by Stanford researchers.

Rising interest rates will not resolve future increases in funding requirements, the SOA says.