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Baby Boomer

Policy turmoil, fiscal uncertainty cause retirement hesitation

Baby Boomer, Boston College, Gen X, HWmember, Retirement, Reverse, Social Security /

Policy uncertainty is pushing older Americans to delay retirement, shift to conservative investments and boost their emergency savings, according to a new survey. The findings published last week by the Center for Retirement Research at Boston College show 21% of respondents who’ve yet to retire are postponing retirement while 33% are moving to safer portfolios. […]

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How boomer housing dominance is forcing agents to retool

Agent, Baby Boomer, Compass, Connecticut, First-Time Homebuyers, Homebuyers, Housing Inventory, Housing Market, HWmember, Millennials, New York, Real Estate /

Baby boomers’ decades long control of U.S. housing wealth is not just locking out younger buyers, it’s forcing significant changes to a real estate agent’s job description. Top-producing agents told HousingWire the industry continues to pivot toward multi-generational advisory work. Academic research has confirmed why; agents who cannot navigate trusts, estate planning and family gifting

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‘Six-figure limit’ aims to halt Social Security trust fund insolvency

Affordability, Aging in Place, Baby Boomer, Gen X, HWmember, Mortgage, Retirement, Reverse, Reverse Mortgage Daily, Social Security /

With the Social Security trust fund less than seven years from insolvency — at which point a 24% across-the-board benefit cut could be triggered — a new proposal suggests capping annual payouts for the nation’s wealthiest retirees. A white paper released by the Committee for a Responsible Federal Budget advocates for a “six-figure limit” that

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How policy uncertainty is reshaping senior retirement plans

Baby Boomer, Center for Retirement Research, Gen X, HWmember, Mortgage, Retirement, Reverse, Reverse Mortgage Daily, Social Security /

Growing uncertainty over Social Security, Medicare and fiscal policy has left many older Americans more concerned about their financial futures — with some delaying retirement and shifting to more conservative investment strategies. Findings from a new survey analysis by the Center for Retirement Research at Boston College offer critical insights for reverse mortgage professionals as

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Older Americans maintain record share of housing wealth

Baby Boomer, Home Equity, Homeownership, Housing Market, HWmember, Mortgage, Mortgage Rates, Redfin, Reverse /

Older Americans now hold as much real estate wealth as middle-aged homeowners, illustrating the widening gaps in homeownership access and long-term home price gains. An analysis from Redfin, based on data from the Federal Reserve Board, found that Americans ages 70 and older controlled roughly 26% of the nation’s $48 trillion in real estate wealth

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Seniors want to age in place, but family caregivers face strains on multiple fronts

Aging in Place, Baby Boomer, Healthcare, HWmember, Retirement, Reverse, Reverse Mortgage Daily /

As America’s population continues to grow older, family members are increasingly stepping into demanding roles as caregivers — which often comes at considerable personal cost. A Pew Research Center survey of 8,750 U.S. adults found that one in 10 reports serving as a caregiver for a parent 65 or older. Another 3 % care for a

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Home equity props up retirees as savings fall short

Baby Boomer, Gen X, Home Equity, HWmember, Retirement, Reverse, Reverse Mortgage Daily, Social Security /

More than one-third of working-age Americans lack access to an employer-sponsored retirement plan, and those who do have median balances of just $40,000, according to a new study from the National Institute on Retirement Security (NIRS). The analysis of U.S. Census Bureau data from December 2022 paints a stark picture of retirement preparedness for the

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Reverse mortgage line of credit remains underused — but advisers may be receptive

Baby Boomer, Financial Adviser, HWmember, LendingLife, Mutual of Omaha Mortgage, Retirement, Reverse, Reverse Mortgage Daily /

Ryan Ponsford, a veteran financial adviser with more than 25 years of experience in wealth management, real estate and lending, is unequivocal: “The reverse mortgage line of credit is one of the most misunderstood, underutilized tools in retirement planning today.”   “The scary part — put five reverse mortgage people in a room and ask them

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Retirement accounts become emergency funds as financial stress rises

Affordability, Baby Boomer, HWmember, Retirement, Reverse, Social Security /

Long-term retirement accounts are increasingly serving as sources of emergency funds as American workers confront rising costs and persistent financial anxiety, according to multiple recent studies. Surveys from Allianz Life Insurance, Payroll Integrations and F&G Annuities and Life show Americans cutting back on retirement contributions and tapping savings meant for later life to cover immediate

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Fewer Medicare Advantage plans could create tough choices for senior homeowners

Baby Boomer, Centers for Medicare and Medicaid Services, Healthcare, HWmember, Retirement, Reverse /

Rising health care costs, paired with minimal rate growth for Medicare Advantage plans, could accelerate insurer withdrawals from states and counties nationwide, potentially disrupting coverage options for millions of older Americans. Several of the nation’s largest insurers — including UnitedHealthcare, Aetna, Elevance Health and Humana — have already scaled back Medicare Advantage offerings in 2026

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