Skip to main content

Study: Fewer Minnesotans ready to retire

Ameriprise Financial's annual Retirement Readiness Index found only about half of those surveyed in the Twin Cities area have set aside money in savings and investments for the future.
  • Author:
  • Updated:
    Original:

Ameriprise Financial's annual Retirement Readiness Index found only about half of those surveyed in the Twin Cities area have set aside money in savings and investments for the future.

Next Up

Myth

New apartment proposal could spell the end for Myth Live

Myth Live in Maplewood has a spotty past with the surrounding community.

Hsa Law Yaw Say

Police trying to find woman, 18, who was shot at in St. Paul

Police are looking for help finding the woman.

image

Is an Amazon grocery store coming to Woodbury?

There's six rumored stores in the Twin Cities.

ambulance

Man sentenced to life in prison for 2021 murder of girlfriend

Lacy Jo Krube, 36, was found unresponsive at her St. Paul home, after she'd been beaten in Brooklyn Park.

Richfield High School

New threat prompts closure of Richfield secondary schools

The new threat comes after a shooting outside the Richfield High School football game Friday night.

Screen Shot 2022-09-25 at 6.09.38 PM

Parkland shooting survivor David Hogg to headline Duluth rally

The rally will take place at Leif Erikson Park on Oct. 1.

Screen Shot 2022-09-26 at 6.09.43 AM

Stella's Fish Cafe closes temporarily to investigate viral rodent video

The Uptown restaurant said it was closing temporarily so it could investigate the claims.

Governor Tim Walz

Walz, judge in dispute over Feeding Our Future case

A Ramsey County judge disputed Walz's claims that the Minnesota Department of Education was ordered by the court to resume payments to Feeding Our Future.

ambulance

2 dead, 1 with life-threatening injuries in Hwy. 7 crash

Both drivers were not wearing their seatbelt, according to the State Patrol.

Screen Shot 2022-09-25 at 11.50.33 AM

15-year-old Richfield football game shooting suspect arrested

A 16-year-old accused of instigating the altercation is also in custody.

Police tape

3 arrested after homicide, burglary in Inver Grove Heights

Charges of first-degree murder and first-degree burglary are pending.

Related

Fewer Minnesotans filing for bankruptcy as slow recovery continues

The Pioneer Press reports fewer Minnesotans are finding themselves in dire financial straits as the economy continues its slow recovery. Bankruptcy filings are down about 13 percent from a year ago.

Fewer Minnesotans delinquent on their mortgages

5.4 percent of Minnesota mortgage holders were behind by at least one payment during the third quarter. That's almost a full percentage point lower than during the same period last year. It's also one of the lowest delinquency rates among the states.

Study shows fewer Midwest teens drinking alcohol

A Youth Risk Behavior Survey shows a dramatic drop over the past 20 years in the number of students in North Dakota and Minnesota drinking alcoholic beverages. However, some data suggests the use of marijuana is on the rise among teens.

U of M study: Surprising number of divorcing parents open to reconciliation

About 2,500 couples with pending divorces were surveyed. One in four answered they believed their marriages could be saved through hard work.

Survey: Baby Boomers say the Twin Cities are the best place to retire

More Baby Boomers are opting to retire in the Twin Cities -- according to a new survey from Bankers Life. The metro took the top spot for its quality health care, variety of transportation options and low crime.

Are your kids ready for kindergarten?

A group of business leaders have developed an easy-to-use website designed to help parents determine if their child is ready to learn and succeed in kindergarten. The Pioneer Press cites a state school readiness study that says only 50 percent of Minnesota kids are actually ready.

Fewer than expected 3M employees accept early retirement deal

The Pioneer Press reports about 600 workers will participate in the incentive program. The Maplewood-based company offered the retirement package to about 4,900 employees in December and expected about 1,000 people to opt in. A spokeswoman told the newspaper, 3M didn't need a specific number of workers to accept the offer.