Important Considerations About Aging in Place: What You Need to Know

Important Considerations About Aging in Place: What You Need to Know

The phrase “aging in place” has become practically universal in recent years. As retirees, and those looking ahead to retirement, examine their ideal housing preferences, more and more of them seem to be determined to grow old right where they are, in the home they...
For Retirees, Downsizing Can Have Unexpected Financial Repercussions

For Retirees, Downsizing Can Have Unexpected Financial Repercussions

As seniors journey into and through their retirement years, a significant number of them will seriously contemplate the advantages of downsizing – selling that oversized two-story house where you raised the kids and spending the (considerable) profit on a smaller,...
Is a CCRC the Best Blend of Independence and Security for Seniors?

Is a CCRC the Best Blend of Independence and Security for Seniors?

Could a CCRC – a continuing care retirement community – be the best of both worlds when it comes to senior living? The answer is, maybe – but there are drawbacks, including high costs, to consider. Aging in place may be the stated desire of the vast majority of...
Downsizing in Retirement: Managing the Emotional Toll of Moving On

Downsizing in Retirement: Managing the Emotional Toll of Moving On

The term “downsizing” involves much more than a simple housing decision. For most older Americans who elect to downsize in retirement, there’s a significant amount of emotion involved. We were reminded of that important aspect of downsizing as we read this insightful...
Claiming Social Security Early Could Cost Your Widow Big Time

Claiming Social Security Early Could Cost Your Widow Big Time

The decision regarding when to claim Social Security benefits is a hotly debated topic. But with all the complexities involved, for most it comes down to what seems like a simple choice: do I take a smaller amount as soon as I can, or do I delay gratification for a...