Metro Area Residents Are Relatively Well Prepared For Retirement | WAMU 88.5 - American University Radio

WAMU 88.5 : News

Metro Area Residents Are Relatively Well Prepared For Retirement

Play associated audio

Survey findings released Tuesday by Ameriprise Financial show that where people live may influence their readiness to retire.

The survey examined the nation's 30 largest metropolitan areas to determine where consumers are the most prepared and confident to retire. The Washington metro area ranked 23rd overall, among 30 cities and towns. But in terms of preparation for retirement, the metro area came in sixth place.

"We're the sixth-most prepared or at least we feel we're the sixth-most prepared region in the U.S. So that's a pretty good ranking. The reason that we dropped down to 23rd is [that] in terms of confidence, we're the 29th ranking," says Anna Behnam, a financial advisor with Ameriprise.

Behnam also says that 80 percent of those surveyed in the D.C. area are actually saving for retirement.

NPR

Centenarian Poet Was A Fearless Guide To 'The Country Of Old Age'

Poet and author Margaret Howe Freydburg died last week at 107; she wrote and published well past her 100th birthday. Her friend Nancy Slonim Aronie has an appreciation of a remarkable woman.
NPR

Margaret Hamburg Ends Six-Year Run As FDA Commissioner

Margaret Hamburg ended her run this week as one of the longest serving Food and Drug Administration commissioners in recent decades.
NPR

Sen. Robert Menendez Indicted On Corruption Charges

Sen. Menendez of New Jersey has been indicted on corruption charges. These are the first criminal charges brought against a sitting U.S. Senator in seven years.
NPR

Still Need A Lawn Yeti? Good News — SkyMall May Be Cleared For Relaunch

The in-flight catalog went bankrupt earlier this year. But its new owners say SkyMall catalogs might make their way back to airplane seatbacks soon.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.