Tag: property taxes

View of an older woman's back sitting on a city bench wearing a yellow coat

Across the nation, many older adults struggle to make ends meet.  The Elder Index, produced by the Gerontology Institute at UMass Boston, suggests that roughly one-third of older households have incomes below what it takes to meet basic needs and age in place.  One question is whether living in a high-wealth, high-cost state such as…

House model on wood table

But the step-up in basis at death for income taxation acts as a disincentive. As you know, I’m convinced that many of today’s workers are at risk of having insufficient resources in retirement.  The reason for this gloomy picture is a rapidly changing retirement landscape defined by a rising Social Security retirement age, a shar…