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Try It NOWCategory: Baby Boomer Retirement Issues
You know you are a force when industry experts call a conference to discuss how to best serve your needs. The National Association of Home Builders is hosting a conference in Philadelphia (April 27-29), “Building for Boomers & Beyond: 50+ Housing Symposium”. The conference will bring together builders and a…
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Category: Baby Boomer Retirement Issues
We're the generation that thinks we own the trademark on youth, but now ironically headed for retirement. A lot of experts are trying to figure out how we will impact the multi-billion dollar retirement market when we hit it in force in the next few years.
Many experts agree that a significant portion of baby boomers will thumb our noses at the stereotypical retirements of our parents. To those of us who grew up in the Age of Aquarius, selling the split level and spending our days playing golf and shuffleboard at Leisure Acres is just not very appealing.
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Category: Active adult communities
In a proposed merger that will create the largest homebuilder in America, Pulte Homes will combine with homebuilder Centex in an all stock deal. Pulte Homes is the parent company of the Anthem and Del Webb brands, the latter which brings you the huge Sun City active adult communities…
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Category: Work and Volunteering
It's happened to so many people lately. Folks in their 50's and 60's go in to work one day and find themselves retired by the end of it. While they might have looked forward to that time off a few years ago, this news, combined with their plummeting retirement portfolios, is frequently a major cause of concern and even desperation.
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Category: Green Retirement Communities
No, it's not something you add to the wash to get out those pesky grass stains you used to get playing touch football. Nor is it a St. Patty's day breath-freshener. Greenwash is what happens to you when you succumb to a developer who promises you a "green" house in a sustainable community, only to move in and find the Chinese wallboard smells like rotten eggs.
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Category: International Retirement
Up until now one of the best strategies for a lower cost retirement was to head south of the border, Mexico way. But escalating drug violence in Mexico is causing many Americans to either stay put in the U.S. or move a bit further to a central American country like Costa Rica or Uruguay in South America.
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Category: Retirement Real Estate
March 23 - Retirees either looking to sell their existing homes or see their retirement portfolios reclaim some of their losses got some good news today. Sales of existing homes in the U.S. increased 5.1% in February over January, helping give Wall Street its best day in months. Sales of single-family, townhomes, condominiums and co-ops were off 4.6% vs. the year earlier February. Prices continued to decline in February as the median selling price of a U.S. home fell to $165,400, off 15% from the year earlier period.
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Category: Baby Boomer Retirement Issues
Our friend and colleague Michael Pollick has been writing a fascinating series about baby boomer retirements in the Sarasota Herald Tribune. And we are very pleased to have one of our quotes featured in the headline of this week's article: "Arizona, a Fresher Florida?".
Michael has spent a lot of time researching where boomers are retiring and which states are doing the most to attract them. He has found that his own state, Florida, is starting to lose retirement share to upstart states like Texas, Tennessee, the Carolinas, etc.; which have active marketing campaigns to attract retirees (such as certified retirement community programs).
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Category: Financial and taxes in retirement
Oh baby boomers, what a mess we're in now. Not only have our investment portfolios been hammered, but our real estate investments are hurting too. A recent study from the Council for Economic Research points out that both add up to grim news for baby boomers - particularly for those who planned on moving to start their retirement.
“The collapse of the housing bubble, which led to the current recession, has already destroyed almost $6 trillion dollars in housing wealth for homeowners,” said report co-author Dean Baker. “This reality is compounded by the recent collapse of the stock market. The result is that many baby boomers will only have Social Security and Medicare to rely on in their retirement."
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Category: Baby Boomer Retirement Issues
Everybody talks about, and many people even do something about, the two obvious aspects of retirement planning. But almost nobody is attending to the third leg of retirement planning: mental preparation.
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