Category: Housing and Home Equity

Retirement

Thought Leader Series: 5 Reasons the Southwest Is a Great Place to Retire

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…

Retirement

Expert Interview with Kathleen Peddicord About Living and Investing Overseas During Retirement

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…

Retirement

Expert Interview with Terence M. O’Malley About financial principles of living in a retirement care community

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…

Most Retirees Think That Staying Put is the Right MOVE for Retirement

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…

Best places to retire

The Best Places to Retire: 4 Reasons Older Americans Are On The Move

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…

Retirement planning

Expert Interview with Deborah McLean About Retirement Planning in Maine

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…

Retirement living

Expert Interview with Dan Hutson About Retirement Community Living

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…

The Best Place to Retire? Why Boomers Are Staying at Home

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…

Best places to retire

Expert Interview with Margit Streifeneder About The World’s Best Places to Retire

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,…

Retirement Destination Checklist: Find the Best Places to Retire

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…

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…

Hot Time in the City? Boomers Skip the Traditional Retirement Havens for Metro Areas

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…

Why Senior Living Communities Aren’t All Golf Carts and Bingo

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…

Shopping for Your Dream Retirement Home? Check Out These Popular Destinations

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…