With the rise in gas prices and consumer goods many people are looking to squeeze every ounce of buying power they can from their money. Here are a few more tips on how you can save money. Saving a little here and there can really add up. Make your home more energy efficient: Most public utilities offer free home inspections or information for …
Let’s Talk Retirement Plans
As a Boomer, you've spent many years working hard to improve yourself and your lifestyle. But, how financially prepared are you for retirement? The answers to this question will range from, "very prepared" to, "I'm never going to make it." If you are still in the workforce, even part-time, knowing your retirement plan intimately can go a long way …
Rising Living Costs to Blame for Increased Senior Bankruptcy Filings
Rough economic conditions are hitting older Americans hard. Rising medical care and consumer goods being the worst. Many older people are taking on debt to pay for medical care. According to one study by the Harvard Law School, bankruptcy filings for seniors showed an increase from 8% in 1991 to 22% in 2007. In a related note, the federal …
Watch Out for Closing Costs if Buying or Selling Home for Retirement
According to a recent story on Realtor.org, the slow housing market is not bringing closing costs down. These costs can significantly impact the bottom line in your real estate deal, so make sure you take this into consideration as you plan to buy or sell your retirement home. It may surprise you to find out that New Mexico and Alaska are on …
Save Money With a Seniors Real Estate Specialist®
No one is opposed to saving money, especially when you are talking about a big investment like a home. A Seniors Real Estate Specialist will know how to help you navigate around some the pitfalls that could be waiting for you when you sell your home, such as helping you identify items that should be fixed or replaced before you sell (both can …
Baby Boomers Not Financially Prepared for Disability
In a series of surveys conducted by Harris Interactive for the America's Health Insurance Plans, Baby Boomers were questioned about their opinions, perceptions and preparedness about disability coverage and how they might be impacted financially were they struck with a debilitating disease or injury that kept them from working.The results were a …