The rare few boomers that worked hard and made sacrifices to pay off mortgages reap the rewards now, but many did not prepare

Title: The boomer housing crisis is pacing to get even worse

Article Snip: "...Many boomers find themselves aging into a system that is not willing or equipped to care for them, and instead struggle to subsidize their own care while facing an affordability crisis.

In 2021, 11.2 million seniors—about one in three—were cost-burdened, spending more than 30% of their income on housing...“The senior housing industry would need to develop twice as many units as it has ever developed in any single calendar year every year to keep up.” What’s more, the early pandemic pulled the brakes on the housing industry, as leaders tell the Journal of labor shortages and weakened demand. ..."

Reference: fortune.com
Boomer retirement planning, Senior housing industry, Aging at Home (The Greatest Desire of Retirees),

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Retirement Planning: How To Get Out Of Debt Before Retirement

Title: Retirement Planning: How To Get Out Of Debt Before Retirement

Article Snip: "...Retiring with debt is often considered a cardinal financial sin: Every dollar you owe reduces your income in retirement, after all. But on the other hand, blindly prioritizing debt reduction before retirement savings, particularly for low-interest debt, could shortchange your nest egg. That’s why people nearing retirement need to weigh the costs and benefits of paying off debt vs. saving for retirement..."

Reference: www.forbes.com
Baby Boomer retirement planning,Retirement Planning Tips,pre-retirement planning,Mortgage Debt,

Baby boomers near 65 with retirements in jeopardy

Title: Baby boomers near 65 with retirements in jeopardy
Article Snip: "...Starting in January, more than 10,000 baby boomers a day will turn 65, a pattern that will continue for the next 19 years...."
Reference: www.msnbc.msn.com
Baby Boomer Stats,