In April 2019, Merrill Lynch and Age Wave released the final report in their series on life stages, Early Adulthood: The Pursuit of Financial Independence. The new report, based on a survey of 2,700 early adults, finds that those between the ages of 18 and 35 are struggling to achieve financial independence, with many already…

A new study of 3,000 American adults age 55 and older explores a range of topics, including what people most want to be remembered for (memories shared with loved ones, said more than two-thirds of the respondents) and the benefits of having your affairs in order. The study, conducted by Bank of America Merrill Lynch…

GCOA partnered with the New York Academy of Medicine, Bank of America Merrill Lynch and AARP NY to host a unique symposium on financial wellness and aging, including the prevention of financial fraud and abuse targeting older adults. The January 2018 invitation-only event leveraged New York City’s position as the epicenter of global finance and its celebrated…

According to this new report from the Gerontological Society of America and Bank of America Merrill Lynch, older Americans — growing in numbers and diversity — will be key to the nation’s future economic health, but the public and private sectors must adapt to these demographic realities. The report aims to stimulate a policy conversation on…

This Bank of America Merrill Lynch report, conducted in partnership with Age Wave, takes an in-depth look at women’s financial journeys over their lifetimes. Women face different and financially complex life journeys than men. These differences are due to factors that include caregiving, higher healthcare costs, and longer lifespans. The report finds that while women live…