Yeow! Watch Out for Medicare Part B Increase When Selling a Property!
Last year, we finally sold our previous home which had been turned into a rental property. Imagine our surprise when we just received a letter from the Social Security…
Baby Boomer Retirement
Retirement planning tips for Baby Boomers depending heavily on Social Security
Guest Post by Aiden White According to CNBC.com, Americans will get $1 trillion in Social Security alone this year. And it is expected that the Social Security benefits will…
Baby Boomers can “Downsize” their Homes to Make Extra Money
Are you grappling with the question of whether you will age in place or downsize and move? It seemed to me that we might be able to downsize in place and turn the unused portion…
Boomers Surviving on Social Security
Yes, one can retire on social security alone. It's tough and you have to be creative, but millions of Baby Boomers are doing it.
Baby Boomers can use Reverse Mortgages to buy Retirement Homes
Many Baby Boomers have asked about using a Reverse Mortgage to purchase a retirement home, whether it is a better choice than using a conventional loan.
Life Afterwards for Baby Boomers will be Different
As we approach an easing of home quarantining, Baby Boomers are wondering what their brave new world will look like for the foreseeable future. One thing is for sure, it will be…
Boomer Retirement Plans are Dynamited Again by Dependence on 401Ks
As one who personally saw much of my hard-earned 401K vanish almost overnight when the Great Recession hit, I have been weary of the retirement scheme that replaced pensions as a…
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…