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“For years, analysts have held out hope that the aging baby boom generation would trigger the ‘Silver Tsunami’ – a massive wave of homes being unlocked and coming back onto the market,” the paper said. report declared. “However, new data indicate that the Tsunami may instead hit the beach as a gentle, rolling wave.” California’s […]
Yet the experience of aging remains deeply uneven, shaped by gaps in savings, access to workplace plans, and the rising costs of health care and long-term care. Retirement bills are rising as boomers leave the workforce By mid-2025, Americans had $45.8 trillion in individual retirement accounts, 401(k)s, pension funds and annuities. That was nearly double […]
That view was the strongest among baby boomers – predicting half of a decline – compared to 31% of the Z – Respondents. “Americans are clearly divided when it comes to their prospects for the economy and the housing market, but what is striking is the optimism between younger generations,” said Joel Berner, senior economist […]
Over all ages, 56% said that refinancing to a lower mortgage interest rate is important or extremely important for their financial health, while 25% called it ‘extremely important’. “These findings reveal a generation of home buyers who take significant financial risks in the current market,” said Ethan Winchell, co-founder and president of TrueWork. “Although the […]
