‘Everything Has Gone Up’: Retirees Feel Burdened by Inflation as Home Insurance Costs Surge | Insurify
Despite their reputation as a financially privileged generation, millions of baby boomers are slipping through significant cracks in the U.S. retirement system. A new source of financial strain on retiree budgets is homeowners insurance premiums, which have skyrocketed by 20% between 2021 and 2023.
Between 2024 and 2030, 30.