#retirement-planning

#retirement-planning

Affordability is the most-weighted category by far, while weather, neighborhood safety, and healthcare are closely weighted together as second-, third-, and fourth-most important.

Having a plan is vital, especially if financial markets drop early in retirement, as pulling money during downturns can drain savings fast. Many older adults return to work when stocks fall and about 10% say they work in retirement out of financial necessity.

Kendal added, "Just because pensioner poverty has fallen does not mean all the problems have gone away. Far from it. Women who are now approaching retirement have half the private pension wealth of men, so the average woman in her late 50s can expect a private pension income of just over £100 a week, compared to £200 a week for men."

Gen Zers reported that they don't pay for their own housing, while parents expect to provide $1,813 monthly for various living expenses in 2025.

"Renting for 30 years means you are a victim of the real estate market instead of riding the wave. Think about what rents have done in the last 30 years, and think about what they're going to do during the 30 years that we're talking."

Florida ranks high for retiree satisfaction thanks to its climate and amenities, but struggles with nursing home affordability, affecting its overall quality of life for older adults.

I have two children in primary school, and I know there will be a lot of expenses coming along.

The Health Savings Account (HSA) is a powerful savings tool for retirement planning, especially due to its triple-tax-advantaged nature, offering tax break contributions.

Typical investment advice often oversimplifies or complicates matters, leaving average individuals confused. Newbie investors should adopt a habit of consistent investing.

Even with all this money in the bank and still earning hundreds of thousands of dollars per year working, there is still a feeling of not having enough.

The monetization of home equity is one solution that continues to gain traction as indicated through this very important report.