“Should I purchase or rent my primary residence?” is one question I’m rarely asked as a financial planner. Homeownership, after all, is as American as baseball, apple pie and watching World Cup Soccer at work.
This just in, straight from the good-news department: You may spend far less on health care in retirement than you think, according to a study by the Employee Benefits Research Institute (EBRI) that tracked actual spending by actual people for decades.
Call it the crisis that isn’t. I’m talking about the “retirement crisis,” heralded by experts proclaiming that many Americans are woefully under-saved for retirement, the end result being they’ll run out of money before thee run out of breath.
