Policy turmoil, fiscal uncertainty cause retirement hesitation
Findings from a recent survey show 21% of unretired respondents postponing retirement and 33% moving to safer portfolios.
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‘Six-figure limit’ aims to halt Social Security trust fund insolvency
A proposed “six-figure limit” would cap benefits at $100,000 per year for couples retiring at the normal retirement age.
How policy uncertainty is reshaping senior retirement plans
More than half of respondents said a 20-percent cut to Social Security benefits would require “significant sacrifices or a tighter budget.”
New Jersey proposal could reduce senior property tax relief
If adopted, the proposal would lower the income cap for property tax relief eligibility to $250,000, down from the current $500,000 limit.
Property tax burdens vary widely as states debate senior relief
As states debate relief, the underlying data shows a common trend: residential property owners shouldering a growing share of the tax burden.
Home equity props up retirees as savings fall short
Retirement savings represent about one-quarter of financial assets for the typical working adult, while home equity accounts for one-third.
Gen X investors are confident, but they often lack formal retirement plans
Forty percent of Gen Xers said they do not have a formal written financial plan. Among those who do, half created the plan independently.
Younger homeowners seek to redefine property ownership
Millennials inheriting wealth are more likely to value sustainability, walkability and community benefit over maximum financial return.
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.
The bank of mom and dad can strain retirement
The failure-to-launch trend among Gen Z has strained their parents’ finances, with real consequences for their retirement plans.