It has been nearly 30 years since the hit television sitcom starred in living rooms across the nation. However, 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, many…
Have you ever heard the term “cohousing” and wondered what it means? If you’re preparing for retirement, or if you’re just looking for a change of scenery, cohousing might be right up your alley. And you might even be able to make new friends in the process. For more information about the advantages of cohousing,…
Do thoughts of retirement conjure up images of a moving truck and boxes? Does this image sound stressful? If staying put sounds more appealing, you may be like many Americans approaching retirement age who say they actually wish to remain in the same home–or the same area–where they have lived their adult years. “Sometimes it…
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…
If you have you always thought about living in a different country, retirement offers the perfect opportunity to make your dreams of living abroad a reality. 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. Choose a Location Start…
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? This interview was originally conducted in 2015 and has been updated where necessary for 2020. Living in shared housing with…
It’s not unusual for people to look for ways to cut 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. Read…
Roughly 10,000 baby boomers turn 65 each day. Where to retire is a big question for this huge cohort of Americans. It can be an overwhelming decision. Hopefully this retirement relocation checklist and guide to where to retire quiz can help you make a happy decision. There are a lot of factors to consider. Maybe…
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. The Transamerica…
Explore reverse mortgage pros and cons for this stressful time. Can the loan improve your emotional and financial well being? Is it right for you now?
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 retiring overseas 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 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…
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…
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,…
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?” 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 many different affordable retirement destinations.There are numerous…
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…
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…