Blog Archives

Managing Your Budget as a Senior Citizen

  Before they became senior citizens, many people never prioritized saving for retirement until it was too late. As a result, it may now be necessary to try to survive on 60-70% (or even less) of your pre-retirement income. Even

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Posted in Investment, Life Planning, Retirement, Senior Citizen, Senior Finances

How To Budget For Retirement

  As people get closer to retirement, they tend to get very nervous about the prospect of trying to survive on a lower income.  It doesn’t have to be that way: retirement should be a celebration of the golden years

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Posted in Life Planning, Retirement

The Difference Between Downsizing and Rightsizing

  In the world of business, the term “downsizing” is often a scary euphemism for “cut-backs” and “lay-offs.” Similarly, when older folks are asked to consider “downsizing” their homes, the term may take on a negative connotation. When dealing with seniors,

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Posted in Downsizing, Life Planning, Moving, Senior Housing, Senior Move

Looking Into Assisted Living? Weighing the Options.

  Speaking with a loved one about moving into an assisted living home is a significant decision that confronts many Americans with elderly parents. Seniors may view this change of life as a loss of independence and a downturn in

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Posted in Aging Parents, Caregiver, Downsizing, Life Planning, Senior Housing, Senior Move

Transitioning to a More Appropriate Space for Seniors

As we get older, there are many milestone moments that define us and our lives—our graduation, our first “starter” home, the larger “family” home that we save up for.  Although many people don’t like to think about it, the reality

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Posted in Aging Parents, Downsizing, Life Planning, Senior Move

Why Retirement Could Be a Great Time to Start a Business

  When you finally hit that glorious age of retirement, chances are the last thing you want to think about is work.  But the reality is that today it is easier than ever to start your own business.  Many people

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Posted in Investment, Life Planning, Retirement

How a Reverse Mortgage Could Help Seniors

  Right now, many seniors are worried about their personal finances because of all of the changes coming to the economy. From the major tax overhaul to fluctuations in various markets, seniors are waiting to see just what impact this

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Posted in Investment, Life Planning, Retirement

Why Downsizing is Appealing for Seniors and Their Families

There are many reasons for downsizing–moving to a smaller residence, consolidating households, or just wanting to free yourself of all that “stuff.” Whatever your reasons, the process of downsizing can be liberating. Unfortunately, it can also be overwhelming, particularly for

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Posted in Downsizing, Life Planning, Moving, Senior Move

Why You Need a Plan for Long Term Care

Long Term Care Planning

It is a natural human tendency to ignore something uncomfortable until the absolute last minute. Many people put off planning for their later years because they think they’ll have lots of time to do it. The truth is, the earlier

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Posted in Life Planning, Retirement, Senior Citizen

Thinking About Long-Term Care?

Long-term care encompasses a broad and complex spectrum of medical and social services for frail and elderly Americans, or persons with disabilities. These services range from routine assistance with daily living (e.g., bathing, eating, and mobility) to a variety of

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Posted in Investment, Life Planning, Retirement, Senior Health
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