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.
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In Northern Virginia, senior housing has a supply-and-demand ‘disconnect’
Fairfax County, which borders the District of Columbia and is home to about 1.1 million residents, is experiencing a “disconnect” between its affordable housing supply and the number of seniors living on a fixed income.
What’s the best strategy for seniors to take required minimum distributions?
Derek Horstmeyer, a finance professor at George Mason University, gamed out three different but common strategies on RMDs in a column published by The Wall Street Journal.
Layoffs are blurring the retirement lines for seniors
For older people who wish to stay in the workforce, a layoff or buyout can radically change their financial picture.
Reverse mortgage metrics dipped slightly in June
The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too.
What’s in Trump’s ‘Big Beautiful Bill’ for seniors?
The 1,116-page Senate bill contains some key changes for older Americans, including a bonus tax deduction. But it also cuts Medicaid.
Record-high home equity provides opportunity for the reverse mortgage industry
Record-high home equity is good news for seniors looking to remodel their homes, particularly those considering a reverse mortgage.
A financial planner shares her journey to understanding reverse mortgages
While only a fraction of her clients use them, Rachel Gustafson says that reverse mortgages are a useful tool for those with specific needs.
Global equity release market projected to top $56B by 2035
Global equity release — including reverse mortgages — could be in for pronounced growth over the next 10 years, according to a new report.
Longbridge’s Bill Packer on crafting AI that’s inclusive of seniors
Longbridge COO Bill Packer talks about inclusive AI use for older users and customers as the company develops its tools.