Don’t count on the ‘silver tsunami’ for housing inventory surge
Baby boomers own a historically large share of homes and are less likely to move or downsize as they age, according to a Cotality report.
baby boomer
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New deduction may lower seniors’ Social Security tax burden
For some retirees, the change could eliminate federal income taxes entirely, although many were already exempt from Social Security taxes.
Long-term care advocates speak out on regulatory rollbacks
Recent changes reverse years of advocacy efforts and are expected to affect care delivery for millions of older Americans.
Senior home sellers take a hit on profits
Researchers found that sellers in their 70s and beyond consistently earn lower sales proceeds than younger homeowners.
Home care crisis drives innovation for aging in place
Despite increasing demand, the sector struggles with low wages, high turnover and limited benefits, leaving families and patients scrambling.
Cost of retirement comfort soars, leaving most far short
Survey insights point to a widening gap between what retirees believe is required to retire comfortably and what most actually have.
Unexpected retirement expenses can strain senior homeowners
Researchers found that unexpected costs are the norm, not the exception. In any given year, 83% of retired households experience at least one unexpected expense.
Aging America reshapes retirement, exposes divides
The experience of aging remains sharply unequal, shaped by gaps in savings, access to workplace plans and the rising cost of health care.
Migration slows under pressure of rate lock-in, cooling job market
The number of people who are moving remains significantly lower than before the pandemic, according to Bank of America Institute.
Survey finds generational divide on economy, housing market
On the housing market, 40% of respondents expect little change. Younger generations were more likely to hold neutral or positive views.