Archive: June 2016
In life we often find ourselves seeking advice from others for a variety of things. Whether it’s a cooking tip from a family member or advice about a work related issue from a co-worker, it’s always nice to get some helpful feedback. Luckily, we live in a world where professionals like life coaches, guidance counselors, and financial advisors can help us with their services. But what does it have to do with retirement? Well, Baby Boomers are sometimes faced with challenges and questions when it comes to planning and saving for their retirement. How much do I save? When do I start saving? What are the best tax strategies? Will I have enough when I retire? These are all questions that retirees ask themselves and having an expert on their side to help guide them through the retirement planning process can make it less stressful.
Frugal shoppers unite! Saving money isn’t always easy but it’s worth it in the long run. It’s important to know when to eliminate unnecessary costs if you are living on a fixed income or working with a small budget like many retirees. Learning how to cut back on pricey items, reducing shopping splurges, and clipping coupons can help your pocket book grow. There are plenty of ways to cut back on expenses for everyday necessities that most people don’t realize. So how do you know if you are saving or spending on certain items? Well, start looking at your shopping list and do some research because the term “you get what you pay for” doesn’t always ring true when it comes to household products. Luckily, there are a ton of common household essentials that you can buy at reduced prices or use coupons for all the time. Check out our list of household items you should never pay full price for and watch your savings stack up.
Active adult communities are great places for retirees because they provide a social and welcoming environment that most of them seek. But what if you’re single? You often see advertisements and images of Baby Boomer couples having a good time playing bocce ball or enjoying a nice candlelit dinner. That may deter some singles from moving into a retirement community for fear of making them feel alone or excluded. Single Baby Boomers make up about 42% of the population over the age 60, according to U.S. News, which many active adult builders have taken notice. Many 55+ communities are designed to cater to not only couples, but singles as well, in order to offer an inclusive and friendly setting. From resort-style amenities to numerous social clubs and activities, here we list some of the best active adult communities for singles, listed in no particular order.
Retirees living in Heritage Hunt in Gainesville, VA, have something to be proud about these days. Heritage Hunt’s HOA won the prestigious 2015 Humanitarian Community of the Year award for the fourth time since its first one in 2002. Heritage Hunt’s HOA was awarded by the Community Associations Institute Washington Metro Chapter. This honor is given to community associations that best demonstrate outstanding community service, environmental service, political activism, and charitable work to other areas outside of its own association.
Although Connecticut may be one of the most expensive states when compared to other retirement destinations, active adults can still find some great qualities living in the Constitution State. Retirees who choose to settle in this beautiful New England environment also love being close to family and friends. Connecticut’s tranquil charm, natural scenery, historical attractions, and close proximity to other metropolitan areas are just a few of the things that attract retirees to this retirement destination that make it worth every penny.
Many homeowners have asked themselves the same question: “Should I renovate or buy a new home?” Purchasing a new home or renovating can be time consuming and costly depending on the circumstances. Cities and neighborhoods that are in high demand usually have pricey homes so it’s probably cheaper to just renovate, while other cities with less expensive homes will make it more affordable to buy a new home. Although there are no one-size-fits-all answers, weighing your options carefully can help you decide what works best for you.
If you’ve always marched to the beat of a different drum then a traditional retirement community might not suit your unique lifestyle. Luckily, there are many niche retirement communities across America that cater to different active adult lifestyles. From culturally oriented developments to artsy or hippie environments, retirees are sure to find a great retirement community as unique as they are.
If you’re the type of person that has had enough of four-season climates or just hates cold weather, shoveling snow, or having to bundle up in multiple layers of clothing before heading outside then maybe you should consider retiring somewhere warm and sunny year-round. There are plenty of places in the U.S. that offer beautiful, summer weather 365 days of the year. You can spend your Golden Years on the beach sunbathing, splashing around in outdoor swimming pools, playing a few rounds of golf, or hiking miles of trails. Your outdoor recreational options are endless and you’ll never have to worry about being stuck indoors and snowed in again. Retirees often flock to Florida for its tropical climate, but there are other options to consider for your perfect warm-weather retirement destination. Check out some of these places to retire if you love summer.