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The report notes that 11.2 million older adults spent over 30% of their income on housing in 2021, and only 36.5% of eligible households received federal housing assistance.
Key takeaways If you’re a homeowner aged 62 or older, a reverse mortgage can help you obtain tax-free income, allowing you to stay in your home, pay bills, supplement your income and more.
The pros and cons of Medicare Advantage plans Adopting these 8 healthy habits by middle age could add decades to your life This story was originally featured on Fortune.com
Seniors 62 and over enjoy a 15% discount at the Grand Canyon Railway ... Participating Super 8 hotels discount rooms by 10% off the best available rate for AARP members and other seniors 60 and older.
Income over a threshold ($110,100 in 2012) is not subject to the payroll tax, nor are additional benefits paid to those with income above this level. Removing the cap would fund the entire 75-year shortfall. Raising the retirement age gradually. Raising the full-benefit retirement age to 70 would fund half the 75-year shortfall.
For Americans over age 65, rentals are usually the most safe, secure, affordable housing option. Renting may be the best option for seniors, study finds Skip to main content
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