The CARE Act: A Commonsense Solution to Help Family Caregivers

Alice from Texas cared for her husband, Cort, after he suffered a severe stroke.  She recently shared her story on I Heart Caregivers, writing, “After a week in intensive care, three weeks in a rehab facility and a month in a nursing home, I brought my husband home to begin his care. He came home with a severe wound on his back. I learned wound care, changing catheters, all the duties of a home healthcare nurse. Since then, he has …

Caring for Papa

When their grandfather’s health declined, Christina and her brother, Michael, stepped in to care for their “Papa.” Together they did everything he needed to stay at home, where he wanted to be. Christina shared: “Most of us don’t consider ourselves formal caregivers; we are just taking care of our family. But what we did know is that taking care of Papa was hard, stressful and confusing. We didn’t know what services were available or how to screen providers. And we …

Momentum Builds to Close Health Coverage Gap

When you’re sick, what do you do? A. Nothing, B. Call a doctor, or C. Go to the E.R.? Every day, millions of hard-working Americans who have lost their jobs or are struggling in jobs without health coverage choose A. Nothing. That is, until their condition gets so bad they are forced to choose C. and go to the ER. Without affordable health coverage, paying for a doctor’s appointment is just too expensive, and the necessities of daily living like …

A Tale of Two Americas

Today’s sobering statistic: Almost 20 percent of people ages 55 to 64 have no retirement savings. And even among those who have saved, millions are facing a retirement “deficit” – meaning they will outlive their retirement savings by $57,000 on average per household. Why does that matter to the rest of us? Because if millions of older adults haven’t saved enough to be self-sufficient in retirement, they will end up turning to government safety net services – a costly proposition …

New Retirement Savings Plan Is Win-Win for Workers, Businesses

Last week, I sat down with Adrienne Mitchell of MarketWatch to talk about what 57 million American workers lack: a way to save for retirement at work – leaving them with little opportunity to secure their financial future. Just think about this for a minute: For workers who do have access to a retirement savings plan in the workplace, such as a 401(k), this increases their savings rate by 1300%. And, no, that’s not a typo. So, how can we …

A Secure Retirement: American Dream or Pipe Dream?

I often hear from friends and family members that they’re afraid they don’t have enough saved for retirement, and the truth is, many Americans are not prepared for the future. As recently highlighted by the New York Times, the reason many are not financially prepared is because they don’t have the right tools at work to help them save for their future. In fact, when individuals have a way to save through their workplace, their rate of savings goes up …