WalletHub says these are the best states for retirees in 2026
According to WalletHub, the best states tend to combine low taxes with manageable living costs and strong support systems for older adults.
Retirement
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House approves funding boost for Social Security Administration
Provisions would give the agency an additional $50 million for customer service through fiscal year 2026, which ends Sept. 30.
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.
White House proposal would keep Medicare Advantage rates stable in 2027
The Centers for Medicare and Medicaid Services (CMS) said payments to Medicare Advantage plans would rise by an estimated 0.09% on average in 2027 — far below expectations from Wall Street analysts.
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.
Senior home equity surges to record $14.7T
An estimated 2% increase in home values added about $295.4 billion in senior housing equity during the third quarter of 2025.
Tapping a 401(k) for homeownership is risky business, experts say
Only about 40% of Americans are on track to meet retirement needs, and the average saver faces a $5,000 annual shortfall in retirement.
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.
Philadelphia proposes new retirement savings program
City officials said the initiative aims to expand access to retirement savings while placing minimal administrative burden on employers.
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.