As Social Security benefits face an increasingly uncertain future and living expenses for seniors continue to rise, a larger share of American workers and employers believe that “retirement confidence is fragile and divided.” That’s the key takeaway from the 10th annual iteration of BlackRock’s Read on Retirement survey, released last week. BlackRock — the world’s […]
Saving for retirement is a ‘fragile and divided’ topic Read More »
With the oldest members of Generation X set to turn 60 by the end of 2025, many are approaching retirement with financial concerns. Northwestern Mutual’s 2025 Planning & Progress Study, released this week, found that more than half (54%) of Gen Xers born between 1965 and 1980 don’t believe they’ll be financially ready when retirement
Most Gen Xers doubt their retirement readiness Read More »
Americans are sharply divided over the nation’s economic outlook, interest rates and the housing market, according to a new survey from Realtor.com. The poll found 42% of respondents expect the economy to worsen in the next 12 months. That view was strongest among baby boomers — with half predicting a downturn — compared with 31%
Survey finds generational divide on economy, housing market Read More »
The failure-to-launch trend that started with millennials is continuing with Gen Z, and many are turning to parents for assistance, according to a new column by Bloomberg. According to a 2024 Bank of America study, over half of adult Gen Zers reported that they don’t pay for their own housing. A separate study by Savings.com found
The bank of mom and dad can strain retirement Read More »
Adding fuel to what the baby boomer generation has been consistently saying for some time, a new Redfin survey shows that one-third of all boomer homeowners have no intention of selling their home. This further legitimizes claims that a “silver tsunami” of housing inventory is unlikely to materialize from older homeowners. While another 30% said
Redfin data reinforces boomers’ desires to remain in their homes Read More »