Home Equity & Senior Housing
Bob Carlson’s ideas and strategies for managing home equity and choice of housing to maintain a budget
Found 129 Articles.
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How “Livable” Is Your Community?
The AARP, through its Public Policy Institute, issued an online tool called the Livability Index. Plug in the name of your community, or one you are considering moving to, and you’ll see a numerical score and a showing of where the community ranks on the AARP scale. You also can see the different categories used […]
Nursing Homes Control Patients Who Don't Pay
A nursing home has options if you are admitted to residence and can’t pay your bills or dispute some of them. The nursing home has the option of going to court and seeking guardianship over the resident. In New York especially the law is written to make it easy for nursing homes to be appointed […]
Why Americans Move? The Retirement Impact
Most people don’t move in retirement. About 80% or more stay close to where they lived in the decades before retirement. But there are many people, retired and otherwise, who move each year. Reports by two moving companies reveal why many people move: warmer temperatures and more affordable homes. The top states people are leaving […]
Making the Most of Home Equity in Retirement
Some of the biggest mistakes and lost opportunities in retirement finance involve the family residence. A home usually is among the most valuable assets on a family’s balance sheet and one of the largest sources of expenses. Yet, most retirement plans don’t give much consideration to the home and home equity, leaving a lot of […]
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Controlling Retirement Housing Costs
Housing is the biggest expense of most retirees, according to the Department of Labor. But don’t take that literally. Most of the cost is what Labor estimates as owners’ equivalent rent, not a cash expense. Even so, this article gives the details and some advice on how to reduce the cost. The best advice is […]
Choosing a Retirement Community
Continuing Care Retirement Communities (CCRC) are what many people think of as retirement communities. They provide a continuing level of care based on what you need at any time. They have independent living for those who can live on their own; assisted living for those who need some care; and nursing home facilities for those […]
Remaining in Your Home for Life
Remaining in their current homes for as long as possible is a priority of most adults over 65. About 80% don’t want to move, according to AARP. There are obstacles to remaining in the same home as the years go on. Fortunately, aging in place is possible for more people than only a few years […]
Not-So-Mobile America in Retirement
People like to think of Americans as being very mobile, moving from state to state. There’s a belief that most Americans move after retiring. Most of that isn’t true. About 70% of Americans live in the state where they were born, according to a recent study. Why people move is an issue of some contention. […]
