More Americans have been downsizing their living spaces in recent years. According to Realtor Magazine, people looking to downsize accounted for 28% of real estate transactions in 2020. Although more… A Comprehensive Guide to Downsizing Your Home (2023)
The National Council on Aging launched Budget CheckUp, a free online tool that gives older adults practical tips on how to create a monthly budget and manage their more… NCOA Launches Online Tool to Help Older Adults Manage Finances
Social Security and Supplemental Security Income (SSI) benefits for approximately 70 million Americans will increase 8.7 percent in 2023, the Social Security Administration announced today. On average, Social more… Social Security Announces 8.7 Percent Benefit Increase for 2023
Most people think of reverse mortgages as the last-gasp attempt to stay in your house when you’ve run out of money in retirement. But even before they get more… Opinion: Reverse mortgages can offer senior homeowners a financial lifeline with both stocks and bonds sinking
MarketWatch interviewed several financial planners to find out what they’re recommending to their clients to lessen the impact of increasing inflation. The general consensus is that consumers should develop more… In the age of inflation, there are steps you can take to deal with higher prices
Jeff Hoyt, Editor in Chief of Seniorliving.org gathered together a group of experts with over 100 collective years of experience in senior care. The goal of this guide more… A Guide to Finance for Seniors
Liz Weston, a certified financial planner and columnist with NerdWallet, recently wrote an article about how to get your house retirement-ready. In the article, Start Early to Get more… Start early to get your house retirement-ready
Here’s a snip-it from an article by Patricia Mertz Esswin, a contributing writer with Kiplinger, about the various options available to retirees for tapping into the equity in more… Retirees, Make the Most of Your Home Equity