Found 19 Articles.
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Retirement abroad is enticing to more and more Americans, but many of them make key mistakes that spoil their plans for a foreign retirement haven. The Social Security Administration reports it sends benefits to more than half a million U.S. retirees living overseas. The number increased substantially over the last 10 years. But it significantly […]
This article takes issue with surveys that say 90% of today’s elderly say they want to live in their current homes. The surveys usually are interpreted to mean that people want to stay in their homes until they die. Like most surveys, these don’t ask key follow-up questions, such as if your family had to […]
The current generation of retirees changed a lot of the rules. Here’s another one. According to this article, senior Americans are driving a lot of the growth in the rental apartment market, and most of these seniors can afford to own their homes. They don’t want to. It’s a lifestyle choice that appears to be […]
You need a plan if you want to stay in your home for as long as possible. Most older Americans say they want to stay in their homes, or age in place, for as long as possible. An AARP survey in 2015 said almost 90% of those age 65 or older want to stay in […]
After pausing for a few years due to the financial crisis and other factors, the number of Americans moving from the Northeast and Midwest to the South increased in 2016. The number of people moving south still is a small amount of the Baby Boomer population, and most people stay near their long-time residences after […]
I mentioned these in the past in Retirement Watch, but it’s good to see political.com take a detailed look at naturally occurring retirement communities (NORCs). These are neighborhoods in which a large number of people move when relatively young and never move. Because of the critical mass of older people, they are able to develop […]
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 […]
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 […]