Tag: Housing

Assisted living

Expert Interview with Stephan Baldwin About assisted living

It’s estimated that there are over 40,000 assisted living communities in the U.S. today, says Stephan Baldwin, director of business development for Assisted Living Center, an online directory and resource for those researching living options for seniors. And while this means that families have more choices than ever for care for their loved ones, the…

Should I Pay Off My Mortgage or Invest for Retirement?

While some baby boomers believe paying off a home mortgage is a better financial decision than saving for retirement, industry experts say home ownership is often overrated, and soon-to-be retirees should consider more liquid investments. In part due to the recent housing bubble, Americans are now more likely than they used to be to have…

Senior Living Communities: Not All Golf Carts and Bingo

When you picture retirement living, if your mind immediately goes to golf courses, bingo night, or water aerobics, think again: the future of retirement living is changing. Retirement Living Is Changing Rather than more traditional golf-based retirement communities, affinity communities and other nontraditional living arrangements are becoming more popular, especially among the extremely diverse Baby…

Top Ways for Retirees to Lock In Home Equity—and Grow It, Too

For many retirees, the most important aspect of their retirement portfolios is stable investments. But what if you could find an investment that not only grows, but is also guaranteed by the federal government? Enter: reverse mortgages, and specifically the line of credit option available through the federally-insured Home Equity Conversion Mortgage pr oduct. The…