Tag: Housing
In one significant way, retirement is materially different than it used to be: far more retirees are still trying to pay off their houses. Thirty years ago, just one of every four homeowners in their late 60s to late 70s still had a mortgage – today, nearly half do. Once people hit 80, mortgages used…
The baby boom generation is continuing to work its way up the age ladder. The number of Americans over 80 will more than double to nearly 18 million over the next two decades. And that’s partly because baby boomers are healthier and are living longer – they are also enjoying more of their retirement years…
