Retirement confidence lags for the youngest segment of senior homeowners

Homeowners ages 55 to 64 are less confident about their retirement finances than their older peers, particularly when it comes to covering unexpected expenses and healthcare costs, according to survey data released Monday by Longbridge Financial. The report, titled “The Retirement Confidence Divide,” is the second installment of the 2026 Longbridge Financial Home Equity Confidence Index. It comes a few weeks after the company released the initial findings of the survey. The previous report revealed that only 28% of respondents expect to be better off financially in the next year, with 67% of respondents saying that inflation and the rising cost of living are top concerns. Information published this week echoes a similar sentiment. Based on a national survey conducted this past spring by Morning Consult of 2,021 U.S. homeowners ages 55 and older, the research found that among homeowners ages 55 to 64, 47% reported confidence in their overall financial security, compared with 66% of those ages 75 and older. The gap also extended to everyday expenses, with 59% of homeowners ages 55 to 64 confident in their ability to afford them, compared with 82% of those 75 and older. Confidence in ...