How to Save for Your Retirement

How to Save for Your Retirement
Having a student loan payment each month as a college graduate leaves little room in the budget to contribute to a retirement savings account. College grads without student loans are much more likely to save for retirement. By the time they reach age 30, grads without student loans are predicted to have double the amount saved for retirement as individuals with student loans, according to a study by the Center for Retirement Research at Boston College.

Housing Trends for Baby Boomers

Housing Trends for Baby Boomers
New Features Keep Pace with this Active Generation Baby boomers, who were the largest American generation until the Millennials took over, are either retired or quickly nearing retirement age. Boomers, born between 1946 and 1964 and who count more than 76 million, may be getting older, but they are definitely not ready to head to the retirement home! The boomer generation is more active than generations past, has a more sophisticated style and wants op

Want To Downsize In Retirement? Problem One, Millennials Don’t Want Your Stuff

Want To Downsize In Retirement? Problem One, Millennials Don’t Want Your Stuff
For many Baby Boomers looking to sell their homes and make a move in retirement, finding Millennials willing and able to buy their houses might turn out to be a serious hurdle. But that’s not the only challenge they will face when they relocate in retirement. Moving is never easy, but it is a unique experience for older adults, who have built a life in their homes, amassed an imposing quantity of stuff, and may be uncertain about where they’re going next.

Retirement: 3 things to consider before moving

Retirement: 3 things to consider before moving
One in three Americans has nothing saved for retirement, according to a recent Time.com article. If you're one of them, and are living entirely off Social Security, you may decide to move in with family to save money. It can be a good option, but be sure to discuss these issues before you start packing. 1. Your contribution to household finances Let's tackle the big one first: how are you and your family going to divide costs? It's no one's favorite topi

3 Ways Real Estate Can Boost Your Retirement Income

3 Ways Real Estate Can Boost Your Retirement Income
There's big appeal in the idea of investing in real estate right now. And it's not just because of all the attention these days on President Donald Trump, who made his fortune in the industry. Many real estate-related investments have done quite well in the last decade or so. The median sales price of single-family homes hit $315,700 at the end of the third quarter, up 23 percent from the prior peak for values in 2007 before the financial cris...

How To Make Sure You’re Buying A Home In A Safe Neighborhood

How To Make Sure You’re Buying A Home In A Safe Neighborhood
"Crime levels have declined sharply in the US over the past two decades. According to FBI statistics, the rate of violent crime fell 50% between 1993 and 2015, the most recent full year available," said Business Insider. Yet, school shootings are increasingly on everyone's minds and public perceptions are that crime is actually on the rise. "In 21 Gallup surveys since 1989, the majority of Americans said there was more crimecompared to the year before,

Six Surprising Retirement Trends You Need To Know

Six Surprising Retirement Trends You Need To Know
Tiny homes. Rockin' communities where Jimmy Buffet is your spirit animal. Rockin' a strenuous hike minutes from home. Yeah, this is not your Grandfather's retirement. Long gone are the days when people packed it in and moved to a nice, calm little home for the aging in Florida the day they turn 65. Not only are people working longer today, but they are looking for more out of their retirement - more fun and excitement, more job opportunities, and more o...

8 Downsizing Tips Before You Move into a Senior Living Community

8 Downsizing Tips Before You Move into a Senior Living Community
You’ve evaluated living options and found the ideal place to live out the next chapter of your life. Now what to do with all that stuff that’s accumulated over the years? Here are eight downsizing tips to help you downsize before your move. MAKE A PLAN. Downsizing is process that involves different days of high productivity, with some space to reflect in between. When you see a move on the horizon, get out the calendar and set dates for those productive

Buying a retirement property? 6 things to consider before pulling the trigger

Buying a retirement property? 6 things to consider before pulling the trigger
Every day in America, nearly 11,000 people turn 65. Take a second to think about that — 11,000 every day, and it’s not slowing down anytime soon. The last “baby boomer” will reach 65 in the year 2029. People are also living longer and staying healthier and therefore spending more years in retirement. So it’s becoming more and more critical to think about retirement now — including where (and how) you’re going to live. Just like with any property search,

Ready to Retire? It’s Time to Plan Your Exit Strategy

Ready to Retire? It’s Time to Plan Your Exit Strategy
Take steps before your retirement party to get all the perks coming to you. Preparing for retirement means saying goodbye not only to your co-workers and a steady paycheck, but also to employer-provided benefits such as health insurance and a 401(k) match. Before you head out the door, it pays to squeeze a few extra bennies from your boss. Time it right. Companies use various timetables to match employee 401(k) contributions and dole out profit-s