If you’re one of the thousands of Americans approaching retirement, one of your top concerns is probably when to retire. But an accompanying question is where to retire. Realtor.com crunched the numbers and identified the fastest growing retirement destinations. The fastest growing retirement destinations might not be the best place to retire or the best…
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Let’s get real about investing in real estate for retirement. Investing of any kind can be complicated at any point in your life. However, investing in or near retirement can be especially arduous. At retirement you need your assets to be relatively free of risk while keeping pace with inflation. In many cases, you need your…
If you own a home, it was likely one of the smartest lifelong financial moves you have ever made. In addition to providing a safe haven for living your life, it is also a forced savings account and a hard asset that can appreciate over time. However, did you know that it is also a…
The decision to relocate in retirement is huge — especially since you literally have a world of options. You can retire anywhere and into a wide variety of housing types. Live and travel in an RV. Buy a big beach side home. Relocate abroad to financial or lifestyle reasons. Downsize to a small apartment. Buy…
Rain. Snow. Sleet. Cold. Once the coziness of winter holidays passes, dark weather can weigh heavily on our psyches. However, when you retire, you have more freedom to seek and enjoy sunnier or more temperate climates. What’s holding you back? Here are nine tips, tricks and things to consider when thinking about a warmer location…
We all love reading lists of the best places to retire. They interest us and they make us think about what is possible in retirement. Should you relocate? Or, is staying put one of the best places to retire? Why Relocate for Retirement? Days in a hammock on the beach? Fishing mountain streams? Long afternoons…
There is no shortage of lists and articles about the best places to retire. These lists are fun. However, they sometimes feel random and not all that practical or useful for figuring out where to spend this phase of your life. For example, did you know that Jimmy Buffett is opening “Margaritaville” — a real…
The decision to relocate for retirement can be an emotional roller coaster, hugely exciting and a massive financial event. While some people buy bigger, grander or more expensive retirement homes, downsizing for retirement is the savvy strategy — especially for those of us who have not quite saved enough for our golden years. Here are…
Nine in 10 older Americans want to remain in their own homes as they get older. But most people aren’t planning ahead when it comes to making sure their houses are equipped to provide their desired lifestyle in retirement, research shows.In fact, while 96% of Americans age 50 to 80 say it’s important to be…
Economic hardship is not news to many seniors. Most of us feel stress about our finances. At the top of our concerns? We believe that we will run out of savings in retirement. In fact, the majority of Americans feel this worry. According to the latest findings from Northwestern Mutual’s 2016 Planning & Progress Study,…
You might be surprised by some of the best places to retire in the world. A growing number of American retirees are moving to extremely far flung locations. They find that living abroad can be more affordable and more fun than staying in the U.S. When evaluating life in another country, you’ll want to consider…
If you’re thinking about moving to a new location to retire, whether it is to be closer to your family or to downsize, the verdict is in on the best and worst places to retire this year, according to new findings from Bankrate. The ranking is based on the cost of living, cost and quality…
In the years leading up to retirement, people often ask themselves, “When should I retire?” But soon enough and as retirement becomes a closer reality, the question turns to “Where should I retire?” And then, as financial anxiety sets in you might ask, “Where are the cheapest places to retire?” There are numerous lists online…
The “top places to retire” really is a subjective topic. Warm and tropical locations nearly always rank high. That makes a lot of sense. Even if you’ve lived up north for most of your life, wouldn’t it be nice to retire from shoveling snow, too? But what if your idea of the most perfect place…
Do you remember the TV show The Golden Girls? Four silver-haired ladies, sharing a household, lending strength, support, and, ultimately, friendship to one another? Have you ever considered a living situation like that for yourself? Living in shared housing, with people who aren’t your family, is incredibly common among young adults, but a lot of…
It has been nearly 25 years since the hit TV sitcom starred in living rooms across the nation, but we may be just reaching the golden age of the Golden Girls. While their arrangement may have seemed unusual at the time, four adult women sharing an apartment may not be that far fetched. In fact,…
The tiny house movement may seem like a young millennial sort of thing, but it might just be an ideal solution for your retirement. That’s what a growing number of bloggers and retirement commentators seem to be noticing. In fact, about 40 percent of tiny houses are inhabited by older adults. Living in a Tiny…
Have you ever heard the term “co-housing” and wondered what it means? If you’re preparing for retirement, or if you’re just looking for a change of scenery where you can make new friends in the process, co-housing might be right up your alley. For more information about the advantages of co-housing, NewRetirement spoke with Betty…
Nearly 90 percent of adults over the age of 65 say they want to stay in their home as long as they can, and 80 percent believe they will always live in their current home, according to a survey by AARP. But the fact is that as our needs and abilities change as we grow…
Not all retirement facilities are created equal. And every retiree has unique needs if they wish to enjoy their retirement. From special diets to activities to healthcare, we talked to Charlotte Clarke of Ontario’s Luther Village On The Park to find out about retirement living facilities. What are some things a new retiree should keep…
Do you know where you want to spend your retirement? While some people want to stay in the area that they already know, others decide to pack up and move to a warmer, more exciting location or relocate to be closer family. When it comes down to it, it is vital to find a retirement…
Don’t expect baby boomers to rely on traditional options when it comes to retirement. Individuals and couples are feeling freer than ever to design their retirement to meet their desires and dreams. They want retirement choices to empower them to do what they most want to do and keep their own priorities front and center….
What do you think? Is living in some kind of community with other seniors a good option for you? The ABCs of Senior Living A guide to the full range of housing options available to seniors. Questions to Ask Yourself When Considering Housing Options for Retirement Where you live is important. Use this guide to…
Retirement is your time. Find the best place to retire. Best Places to Retire? Avoid the Worst States to Retire! Here are a few places you might want to avoid. The 5 Best Places to Retire Abroad Are you among the 3.3 million people considering retirement abroad? Most Retirees Think That Staying Put is the…
Work is part of life, and many people spend the majority of theirs either working or commuting to and from their workplace. The typical sequence of event is: support a family, become a homeowner, and, eventually, retire. On average, people retire between the ages of 55 and 65 – and we currently have an average…
One of the biggest financial concerns Americans have today is whether they’ll be able to afford retirement. According to a 2014 Gallup poll, 59 percent of Americans rate having enough money for retirement as their top financial worry. Fortunately, there are options for those who fret about budgets. Retiring overseas can mean a better living…
As we prepare for life after retirement, we want to prepare for every contingency. This includes long-term healthcare, fixed rates, and a number of other factors to eliminate as many variables as possible in order to make sure you and your loved ones are well taken care of. Terence O’Malley is an expert on a…
Retirement is supposed to be all about rest and relaxation, but lately the term “R&R” has taken a new meaning for retirees thinking about their living situations during their non-working years: Renovate or Relocate? Whether you are planning to take on a home improvement project or thinking about packing everything up and shipping out to…
Do thoughts of retirement conjure up images of a moving truck and boxes? Or does that sound stressful and no fun? If staying put sounds more appealing, you may be like the majority of Americans approaching retirement who say they actually wish to remain in the same homes, or the same areas where they have…
Have you always thought about the best countries to retire to? Retirement offers the perfect opportunity to make your dreams of living abroad a reality. But before you make the big move, there are some things that you need to consider and plan for in order to comfortably retire overseas. 1. Choosing a Location Start…
If you have visions of spending your retirement years on a sunny beach or in a sleepy, small town—you are not alone. Many retirees decide to pack up and relocate away from their primary residence when they’re no longer working. Three in five Americans (60%) want to spend their retirement years in another city or…
When it comes to choosing a place to retire, a lot of people nearing retirement age gravitate towards Arizona, Florida, and the Carolinas. Natural choices, granted, but perhaps it’s time to think outside the box just a little and consider the Lone Star State. That’s right, the second largest and second most populous state in…
Many people approaching retirement are left to decide if they should sell their home or stay put. This decision is an important one as housing often makes up about 30% of retirement expenses. For some people, selling the house is a necessary way to help fund their lifestyle in retirement. For others, keeping the home…
Sixty-four percent of retirees are likely to move at least once — looking for the best places to retire. The top motivating factors might surprise you, as revealed in a new retirement study by Merrill Lynch conducted in partnership with Age Wave. Where are the best places to retire? What are retirees looking to find…
Deborah McLean of Maine Senior Guide understands that retirement planning can be difficult. With the Maine Senior Guide, retirees have the option of examining multiple options pertaining to retirement benefits, healthcare, senior communities, and a host of other issues relating to one’s retirement years. In this interview, McLean discusses the benefits of the Maine Senior…
If you own a home, it is important to keep your home equity in mind when making decisions about your property and planning for retirement. If you use home equity effectively, it can help you pay for some of your retirement expenses. The first step to using home equity wisely is understanding what is home…
Many people assume that getting older is a drag but be.group disagrees. The California-based senior living company is unapologetically optimistic about aging. As one of the state’s largest nonprofit providers of senior living communities, be.group serves nearly 4,000 older adults in seven licensed senior living communities and 26 very-low-income senior housing communities. be.group’s communities vary…
Are you worried about making ends meet for an American retirement? Then you may be among the 3.3 million pre-retirees who are planning to retire abroad, seeking destinations that offer not only more bang for their buck, but accessibility, favorable climates and rich cultural experiences. For some in this cohort, retiring abroad is all about…
You’ve probably seen endless articles with lists of the best places to retire. These rankings often change as home prices and cost of living fluctuates. Though these might be a good place to start your search, the truth is, choosing a location to retire to is an extremely personal decision that depends on a number…
It’s a largely held belief that baby boomers are downsizing, seeking to trade in their suburban single-family homes for urban multi-family residences when they approach retirement as “empty-nesters.” However, that’s not always the case. While this cohort is experiencing a number of life transitions, one key metric of boomer housing consumption hasn’t changed: the proportion…
If you’re looking for a way to retire comfortably on a modest budget, Margit Streifeneder, founder of RetirePedia, thinks you should consider living out your golden years abroad. Depending on where you choose to live, you’ll find many countries that offer a pleasant climate and a high-quality standard of living at lower costs. On RetirePedia,…
Roughly 10,000 baby boomers turn 65 each day. Where to retire is a big question for this huge cohort of Americans. To make the decision easier, online real estate database Zillow teamed up with Reuters to develop an interactive tool that allows users to customize a list of perfect retirement destinations. The tool determines the…
There are hundreds of places across the country where you can choose to live when you’ve finally saved enough and are ready to retire, but some areas are better for your retirement than others, regardless of whether you’re into urban city living or small town peace and quiet. The Best Cities for Successful Aging, a…
Where are the best places to retire? If you are choosing a location based on weather and golf courses, the answers from a recent analysis by Bankrate about the best states to retire may really surprise you. Bankrate ranked states using health care, cost of living, crime rate, tax burden and weather. Using these criteria…
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…
Not all Baby Boomers are headed for a retirement community as they get older. In fact, many are finding walkable, action-packed urban areas as the perfect setting for aging in place, according to recent U.S. Census data analyzed by Trulia. Trulia’s big finding: Baby Boomers, defined as adults between the ages of 50-69, are getting…
What do you think of 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. Rather than more traditional golf-based retirement communities, affinity communities and other nontraditional living arrangements are becoming more popular, especially among the extremely diverse…
When it comes to older adults and homeownership, there’s good news and bad news, suggests a new federal report that shines a light on a growing debt problem. The good news is that the 65+ demographic has the highest homeownership rate in the United States of any age group. The bad news: more and more…
Are you one of the millions of Americans approaching retirement and are thinking of moving to a top retirement destination? Whether you are seeking golf, an oceanfront locale or an urban environment with accessible amenities, there are many cities and towns nationwide that are increasing in appeal among retirees. Each year, TopRetirements.com compiles a list of the…
It’s not unusual for people to look for ways to reduce their expenses—including housing costs—and it’s especially true of older adults who may be living on a fixed income. From the traditional approach of downsizing to the more adventurous option of retiring abroad, there are many ways for you to cut housing costs in retirement….
