Senior home equity is continuing its upward march, with housing wealth reaching $6.9 trillion in the second quarter of 2018. Equity for homeowners 62 and older grew $130 billion over the first quarter of 2018, …
The vast majority — 78% — of homes in the U.S. headed by someone age 75 or older are owned free-and-clear, a recent report reveals. This statistic was one of many compiled by the Administration …
As few future retirees feel secure about their savings for their golden years, financial and retirement experts recently gathered to create a more comprehensive plan for America’s seniors. The Aspen Leadership Forum on Retirement Savings …
After crunching all the numbers, Realtor.com has released a list of the most and least expensive places where the rapidly expanding baby boomer population can spend their retirement years. Realtor.com looked at cities already popular …
There’s disappointing news for seniors: A new trial shows that taking daily low-dose aspirin doesn’t prolong healthy, independent living in otherwise healthy people aged 70 and older. Aspirin has long been recommended for middle-aged folks …
The desire to remain at home during retirement continues to be extremely important to people as they age, according to a new report from AARP. The data, released last week as part of the senior …
The Bureau of Economic Analysis released updated statistics last month showing a sunnier savings outlook for Americans than previously estimated — but some commentators note that not everyone may be sharing in the success. …
For the many seniors who want to age in place, structural upgrades can become essential for living with accessibility and safety. A commonly promoted use for the Home Equity Conversion Mortgage, these upgrades are …
A variety of financial-preparedness surveys have found intense anxiety among seniors regarding retirement, with many feeling unprepared to face their future without a steady income from work. But another study that focused on more qualitative …
A recent survey found that 10% of seniors aging alone plan on using reverse mortgages to pay for long-term care costs — a number that lags behind other sources, but still represents a potential area …
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