The Defining Financial Question of Millennials: Do You Want to Live Comfortably Now, or in the Future?

(TNS)—Millennials are faced with the internal conflict almost every day: live comfortably now, or later? Thanks to $1.5 trillion in student loan debt, rapidly increasing healthcare costs and high living costs, scraping by now often can be prioritized over worrying about retiring on a beach later. Regardless, millennials are doing a good job at prioritizing […]

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401(k) Auto-Enrollment Connected to Early Withdrawals, With Housing Implications

With Social Security trust fund reserves waning—predicted to be depleted by 2034, leaving Social Security unable to maintain full scheduled benefits—and the number of retirees expecting to receive benefits increasing, more and more Americans are relying on 401(k) savings to support their retirement living. In fact, Statista estimates there are 41.2 million households who presently […]

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At Home in Retirement: Boomers Facing a Hard Truth

Baby boomers are on the cusp of retirement, but the ability to afford their desired lifestyle is at odds with their preferences, according to a recent report by The NHP Foundation (NHPF), an affordable housing nonprofit. Of the boomers surveyed for the report, 85 percent want to be in the home they have now in […]

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Real Estate Reigns as Americans’ Preferred Investment

Real estate is the long-term investment of choice for Americans, who in a recent survey by Bankrate.com placed it ahead of bonds, cash, gold and stocks as the best method of building wealth over time. Real estate is now the chosen vehicle for the third consecutive time in the survey: Real Estate (28 percent) Cash […]

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