Yes, I Dumped My Rental Property! A Boomer’s Sad Tale.
Ten years ago, we decided to move from San Diego county to a pleasant community forty minutes to the north. Since this was during the Great Recession, selling our beautiful…
Financial
Financial tips for Baby Boomers retiring on a tight income.
Homework for Boomers Thinking of Tapping their Home Equity
I'm a Baby Boomer who is thinking of using my home equity to clear up expenses for a rental renovation and other debt. Ideally, I'd like to accomplish this without incurring major…
Full Retirement is a Pipedream for Most Americans!
Every time I read an article by a brokerage house or financial expert preaching the traditional mantra of investing in stocks, mutual funds, etc., as the path to building a safe…
Retired Baby Boomers are Cutting the Cord!
I finally did – I cut the cord! Like millions of retired Baby Boomers living on a budget, I finally had enough of high cable TV bills and being stuck with packages full of…
The ABC’s of Low-Cost Car Leasing for Retired Baby Boomers
My wife’s old clunker is biting the dust, and we decided to lease a car for her to run around town. We could just become a one-car family, but that would interfere with our…
Boomers – What will You do if the Economy Goes Belly Up?
If you are a Baby Boomer, you have to be worried about the economy. With trade wars, rising national debt and interest rate increases, it could take a nose dive within the next…
When Boomer Kids Move Back Home
Your retirement plans are set and you are easing into them. For most Baby Boomers, this means implementing a budget and looking forward to travel, golf and other enjoyable…
Should Retired Baby Boomers Homestead Their Homes?
The other day, someone asked, “Should I homestead my home? Does that gain me anything?” Good question. To tell the truth, I wasn’t up on this subject myself, but…
When is the Best Time for Baby Boomers to Sell their Home?
Baby Boomers who own a residence ultimately face the issue of whether they should sell their home or retire in place. Many decide to downsize in retirement or move closer to their…
Advice for Baby Boomers Living on Social Security
Because of growing disparities in wealth distribution and increasing medical costs in the U.S., more and more Baby Boomers are finding that Social Security benefits provides the…