Baby boomer homeowners fear losing their properties as they spend down their savings

Title: Baby boomer homeowners fear losing their properties as they spend down their savings

Article Snip: "...Many baby boomers are struggling with rising home repair costs, insurance premiums, and property taxes while also facing a scarcity of affordable retirement housing options. And working all their lives isn't enough to prevent a growing number of older people from experiencing homelessness.

Rising rents and home prices, largely caused by a housing shortage and other cost-of-living spikes, are hitting older adults especially hard. Overall homelessness surged to its highest level on record..."

Reference: www.businessinsider.com
Destruction of Retirees,Baby Boomers Struggling in Retirement,cost-of-living,Biden/Democrat Inflation Silent Tax on Retirees,

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Social Security Cuts: 4 Programs and Services for Boomers Struggling in Retirement

Title: Social Security Cuts: 4 Programs and Services for Boomers Struggling in Retirement

Article Snip: "...As baby boomers age into retirement, many find their financial outlook a little more uncertain than they had hoped. For several years, Congress has debated cuts to Social Security programs that could reduce or close certain services and benefits many boomers rely on. In this article, we’ll discuss potential cuts to Social Security and look at some programs and services that can provide much-needed assistance. With so much uncertainty about Social Security’s future, now is arguably an even more critical time than ever to become familiar with these proposed changes — and plan accordingly...."

Reference: www.gobankingrates.com
Social Security, Boomers Struggling in Retirement, Biden Vs. Social Security,

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