There is an old Chinese proverb that states – “the best time to plant a tree was 20 years ago; the second-best time is today.” A new study by the American Consumer Institute shows that California should heed that advice when it comes to building senior housing to accommodate the skyrocketing aging population the state […]
Retirement, Income and Uncertainties: Seniors Should Brace for a New Tax Hike
Consumers are facing worrisome challenges in both working and retirement years. Pre-retirement, they plan to lean on social security for most of their income and they save what they can toward a retirement nest egg. Done right, retirement savings contributions can escape income tax, but political meddling with federal tax rates can wipe out most […]
