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

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...

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...

Relocating In Retirement: Don’t Make These Common Mistakes

Relocating In Retirement: Don’t Make These Common Mistakes
While most Americans show a desire to age in place, retirement can also be the ideal time to sell your home and relocate or downsize. Kids are typically grown up and moved out of the home, and the need to be close to work is gone, so many seniors use retirement as a catalyst for relocating. Some relocate because of a lifestyle or climate change, others want to be to family, and others due purely to financial circumstances. Whatever the reason, retirees ap

Saying Goodbye to a Beloved Home

Saying Goodbye to a Beloved Home
Even if you want to move, making the transition isn’t always easy. A home can feel like a beloved member of your family. After all, it’s the haven you return to after a difficult day, kicking off your shoes and breathing a sigh of relief. Even if you want to move, saying goodbye isn’t easy. Here are some ways to make it easier to let go. 1. Make a photo album If you’ve staged the house for sale, it’s never looked better. The paint is fresh,

Steps to Downsizing Your Home

Steps to Downsizing Your Home
Downsizing Tips for Sorting and Getting Rid of Stuff If you're experiencing the empty-nest syndrome or you have an older relative who is moving from a family home into a care facility, you'll need to look at downsizing the current household contents to determine what is needed and what will fit into the new home. Whether you're doing this for yourself or for someone else, downsizing is never easy. We tend to "downsize" each time we move, and I always d

Senior Living: A Comprehensive Guide in Choosing Your Retirement Home

Senior Living: A Comprehensive Guide in Choosing Your Retirement Home
An increasing number of aging Baby Boomers and empty nesters are relocating and moving into properties that they expect to live out their retirement in. Many people acquire various properties throughout their lifetime and end up with quite a collection of real estate as they enter retirement.  Other retirees finally pay off their home mortgage and begin looking for other properties to invest in.  Most seniors believe there are more valuable ways to spend t

Forget ‘Location, Location, Location’ When Making Retirement Housing Decisions

Forget ‘Location, Location, Location’ When Making Retirement Housing Decisions
When talking about real estate, you have likely heard the widely used phrase “location, location, location.” What realtors mean by this is that identical homes may have very different prices depending upon location. What this often means to home buyers is that they may have to pay more to live close to work or to be in the best school district. The right location may also mean the most potential for capital appreciation, an important consideration when the...