Tag: retirement worries

use your home to stay at home

The cost of staying healthy in retirement

Without question, it costs a lot of money to stay healthy in America. When Dave and Linda retired they planned on twenty plus years of golf, travel and spending time with their kids and grand kids. They had (what they thought) sufficient savings to carry cover even those unforeseen expenses that are just part of…

new retirement plan

I think we’re going to need a new retirement plan

I think we’re going to need a new retirement plan When Steve and Rachel bought their home in 1990 they knew it would be their last move. Situated in a quiet senior community it had all the amenities they wanted. But like many seniors they overlooked the fact that as they age so does their…

Debt – Retirement’s Public Enemy #1

Are you swimming in equity but drowning in debt? Without question Public Enemy #1 of a secure retirement is credit debit. Whether it’s your home’s mortgage, car payments, credit cards or even student loans. Those monthly payments and the accruing interest have countless baby boomers wondering how they will survive the next 20-30 years on…

reverse mortgage to the rescue

More seniors want to remodel not replace

To stay at home…use your home When Pam finally contacted us, she was almost at the end of her rope. “I’m calling for my parents, they insist on staying in their home but they’re both struggling to get around and I’m afraid they’ll get hurt with their current living conditions.” Remodel or replace? Her parents…

medicare donut hole

Taking the bite out of the Medicare “donut hole”

The Medicare donut hole is catching countless seniors unaware As we get older taking prescription drugs is a fact of life and the costs of these drugs continue to skyrocket. In simpler times retirement planning was less complicated than it is for us today. There were more defined benefits retirement plans that provided you with…

involuntary retirement

What to do when you’re involuntarily retired

The best time to plan your retirement is before the boss does! Getting a pink slip along with your paycheck can be devastating for anyone but for baby boomers it is likely life changing. Call it what you like but at 63 Norm knew a pink slip meant he had just met “involuntary retirement” There…