The Bureau of Economic Analysis released updated statistics last month showing a sunnier savings outlook for Americans than previously estimated — but some commentators note that not everyone may be sharing in the success. After releasing first-quarter data showing the personal savings rate sat at 3.3%, the BEA recently amended its estimate to 7.2%, according […]

The Great Recession still looms large in the housing market, as homeowners who took advantage of low interest rates at the beginning of the decade are increasingly electing to stay in their properties instead of trading up. “Although homeowners have more equity today, most of them also have ultra-low-rate mortgages they locked in during the […]

It’s almost sounding like a broken record at this point, but U.S. home prices continued their steady climb in June — and, combined with rising interest rates, the trend is prompting more and more people to stay in their homes instead of selling. Nationwide home prices rose 6.8% during the year ended June, according to […]

Over the past decades, the gap between high- and low-income Americans has grown substantially, and should those trends continue, a large swath of future seniors could face a bleak retirement future. Working for the Urban Institute, a trio of researchers set out to examine the long-term effects of the income gap on the future of […]

The statistics about the waves of baby boomers turning 65 each day are old news to anyone who works in a senior-focused industry. But a new report from Harvard University adds a new twist to measuring the coming wave of American seniors: In 2035, households with members aged 65 and older will account for a […]

Home prices in the United States rose yet again last month, continuing a steady march that has some raising concerns about overheated housing markets in certain areas. CoreLogic’s Home Price Index rose by 6.9% between April 2017 and April 2018, the real estate analytics firm reported Tuesday, with a 1.2% month-over-month gain from March. As […]

As the nation ages and the demographics within the ranks of older Americans begin to shift, today’s seniors are increasingly open to the idea of carrying debt. Almost half of retirees aged 75 and over had some kind of loan debt in 2016, according to an analysis from the Employee Benefit Research Institute (EBRI) — […]