The Baby Boom generation is carrying more mortgage debt into retirement than any generation before it, bucking conventional wisdom that you shouldn’t enter retirement until you’re debt-free. Who’s right? What’s the best path for you?...
The Baby Boom generation is carrying more mortgage debt into retirement than any generation before it, bucking conventional wisdom that you shouldn’t enter retirement until you’re debt-free. Who’s right? What’s the best path for you?...
In pursuit of the perfect home, our wants and needs change as our lives, families and priorities change. A house that might have once been your dream can wind up feeling too big, too overwhelming...
It’s not uncommon for an elderly homeowner to pass along a house to heirs. Let’s examine ways to do so, understanding that laws in each state vary and federal tax code changes. Consult an attorney...
When preparing for retirement — especially if contemplating a move to another state — it’s crucial to research the tax implications. Make sure your search is comprehensive, including state and local taxes on income, property,...
Active adult communities are for healthy seniors who are in search of a vibrant lifestyle with lots of leisure activity options. Age requirements. There are two types of active adult communities. One is the age...
You may have heard the term “reverse mortgage,” but have you ever investigated how they work? Here’s a tutorial to help you understand if a reverse mortgage is right for you. What is a reverse...
Retirement communities, marketed to the 55-plus crowd, are often loaded with recreational amenities such as swimming pools, golf courses, clubhouses and gyms. Do these developments live up to their advertising brochures? Here’s a look at...
Choices for senior living vary widely — with younger seniors typically opting for “active adult” or “independent living” communities. The two are similar but have subtle differences. The community with the more extensive amenities is...
As home trends shift toward smaller spaces and simpler living, many are exploring non-traditional housing, such as campers and RVs. While lots of fulltime RV fans are retirees, people of all ages who crave freedom...
If your children are grown, it might be the perfect time to declutter decades worth of possessions and downsize the family home. Let’s take a look at how to get the job done with the...
Send this to a friend