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The great debate: Taking Social Security at age 62 vs 70. Here are the pros and cons you need to know now to make the right choice for you As they say, timing is everything.
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.
There are pros and cons, of course. The Pros. As with all housing options, the cost of housing in a senior living community will depend on the number of bedrooms, square footage, amenities and ...
The number of older drivers on the road is growing and bound to increase at a more rapid rate, as more baby boomers become seniors. [7] According to an AARP spokeswoman, by 2030 over 78 million boomers will be 65+, and research shows that men will outlive their driving abilities by six years and women by 10. [27]
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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.
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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