Tag: older workers
The conventional wisdom for older workers heading into retirement is that owning a house is a good thing. The property has no doubt appreciated over many years, adding to their wealth. But new research finds that homeowners often strain to a pay a mortgage that is larger than what they can realistically afford. The essenc…
A common refrain among retirement researchers is that longer careers are the best way to ensure an adequate retirement. This refrain is often directed at the workers themselves – “you need to work longer!” And that message seems to have been getting through. Since the 1990s, the labor force participation rates of older individuals hav…