Q: I will soon make our final mortgage payment. My wife will retire in two years and I will work to age 67. We are both 60 today. Because I don’t get a pension I really have been looking forward to this final payment. We bought the house 25 years ago, but I shortened the term of the loan by refinancing to a 15-year loan in 2003. Are we doing well to have the mortgage paid off by age 60?

Read More

Will Your Current House Fit Your Needs In Retirement?

Thursday, October 11th, 2018
Denise Rivers

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.

Read More

Did you know you can partner with other funding sources to increase your investment potential? Self-directed IRAs are the only retirement arrangements that allow individual investors the freedom to pursue alternative investments, such as real estate. Investing in real estate with a self-directed IRA offers many benefits to those who are looking for creative ways to save for the future. Investors have complete control over their investment choices. Unlike other IRAs, you’re not limited to stock, bonds or mutual funds. Self-directed IRAs provide the opportunity to save money for the future on a tax-deferred or tax-free basis. In addition, an IRA is considered a separate entity that can conduct business with others. This is a common strategy used in real estate investments. The process is fairly simple, but be sure to adhere to IRA regulations to avoid engaging in any prohibited transactions.

Read More

At Home in Retirement: Boomers Facing a Hard Truth

Thursday, September 6th, 2018
Denise Rivers

Baby boomers are on the cusp of retirement, but the ability to afford their desired lifestyle is at odds with their preferences, according to a recent report by The NHP Foundation (NHPF), an affordable housing nonprofit.

Read More

Common Home-Buying Mistakes People Make at Every Age

Thursday, May 31st, 2018
Denise Rivers

No matter the age or life stage, everyone makes mistakes when it comes to home-buying.

Whether it’s picking the wrong location or buying more house than you can afford, the mistakes are often universal, says Ilyce Glink, author of “100 Questions Every First-Time Home Buyer Should Ask.”

Read More

7 Factors To Consider When Choosing A Home To Retire In

Thursday, March 22nd, 2018
Denise Rivers

As more and more baby boomers enter retirement age, the question of whether or not to sell their homes and move will become a hot topic. In today’s housing market climate, with low available inventory in the starter and trade-up home categories, it makes sense to evaluate your home’s ability to adapt to your needs in retirement.

Read More

The real estate industry has changed dramatically over the years, and continues to evolve even today. For baby boomers who may not have bought or sold a home recently, entering the market can be especially overwhelming. Whether you’re planning on upsizing or downsizing, here are three things you should know about the industry.

Read More

Subscribe

Search

Follow