The ABC’s of HELOCs for Baby Boomers
Most Baby Boomers owe less on their homes than the current market value. This "equity" can be tapped much like a credit card through a Home Equity Line of Credit (HELOC).
Financial
Financial tips for Baby Boomers retiring on a tight income.
Planning your Funeral. Boomer Burial Options.
s we age, Baby Boomers must face the reality that someday this is all going to end. And that day is no longer an abstract event. Whether a near term possibility or a sign post on…
Is Home Equity a Big Part of your Boomer Retirement Plan? A Word of Caution.
Most Baby Boomers, myself included, are relying on home equity as a critical part of our retirement funds. But how valid is that assumption?
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…
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…