Older homeowners often don’t see the value of, or can’t afford to, maintain and renovate their homes of many years. And that can mean thousands lost when they sell.
Category: Retirement
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Retirees Expect Their Home to Be a Financial Safety Net. They Shouldn’t.
The New York Times – Business: -
5 Money Lessons From People Caring for Their Elderly Parents
The New York Times – Business:Generation X-ers and others shared stories of family crises, and we asked experts how to think about living longer than you expect.
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Americans Living Abroad for Lower Costs Now Say Returning Home Is Too Expensive
The New York Times – Business:Americans have enjoyed lifestyles that would normally be out of reach to them by working remotely in countries with lower living costs.
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More Americans Taking 401(k) Hardship Withdrawals
The New York Times – Business:More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules.
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Help for Medicare Advantage Patients Who Lose Doctors Is Shelved, for Now
The New York Times – Business:Nationwide, hospital and providers are leaving private Medicare Advantage plans, putting thousands of seniors at risk of higher costs and the loss of trusted doctors.
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Check Your Target-Date Fund, Especially if You Plan to Retire Soon
The New York Times – Business:Their simplicity makes the funds appealing, but they could leave many workers near retirement, particularly baby boomers, short on savings.
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How Recovery Scams Retarget Victims of Fraud
The New York Times – Business:Many cybercrime victims are retargeted by online scammers posing as lawyers or other professionals who promise they can recover stolen money.
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Tell Us About Your Plans for a Longer Life
The New York Times – Business:If you are saving money and have a plan for the future, we want to hear how it’s going and any advice you have for others.
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4 Ways to Enjoy Your Savings in Retirement Without Going Broke
The New York Times – Business:Once paychecks stop, it can be frightening to shift out of the savings habit. But there are strategies to enjoy your nest egg and make it last.
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What to Know About New Rules for 401(k) ‘Catch-Up’ Contributions in 2026
Older high-income workers who make contributions beyond the standard amount will have to put that extra money into a Roth 401(k). That may lower their take-home pay.