Why Renting vs. Owning in Retirement Might Be Better

Most retirees live on fixed incomes and have limited savings, so renting vs. owning in retirement is a real debate. Home ownership and maintenance, especially during the retirement years, can be mentally, physically, and financially exhausting. Retirees who own a home are essentially tying themselves down to one location for the foreseeable future. Retirees are […]

Millennials Believe They Will Earn Millions and Retire By 56

Millennials have a rosy outlook concerning retirement financial solvency that doesn’t square with reality. Most Millennials, the age demographic of young people between the ages of 21 to 37, expect to retire by the age of 56. A large percentage of Millennials also expect to become millionaires something within their lifetimes. Investment brokerage company T.D. […]

Young Americans Set to Inherit $30 Trillion. That Affects Their Whole Retirement Mindset

Over 63% of affluent young adults between the ages of 18 and 22, the so-called Generation Z demographic, are counting on familial inheritances to pay for their retirement years. This is according to a recent Merrill Edge Spring Report compiling data on the subject. Considering that the children of affluence have more access to resources […]