Whether or not you’re on a fixed income, you need to spend your money wisely for it to provide you with a comfortable life. This guide can help you get started on the process of retirement budgeting. We’ll give you the variables you need to consider in order to estimate your budget for your new 55+ community home.
From mortgages to taxes to Social Security to general money issues, there are many financial topics that active adults need to know about. You’ll find answers to all your important retirement finance questions here, whether you’re getting ready to retire or need information on different state tax situations.
Many active adults think that they can save some money by buying their retirement home directly from the builder’s sales agent instead of by using a real estate agent. Check out eight reasons why this is a costly myth for potential homebuyers.
If you’re looking to tighten your belt and save money in your retirement years, moving into an active adult community could help you reach your budget goals. There are many ways to save money by moving into a 55+ community. Read on to learn the ways moving into a 55+ community can help you save your hard-earned dollars.
Active adult communities, located all over the country, offer homes and amenities that cater to people 55+. You can opt to buy a home in one of these communities, or you can join the growing trend of people more interested in renting than owning.
Active adults dreaming of their retirement years often fantasize about traveling, spending time with loved ones, and enjoying hobbies. One thing they don’t daydream about is making mortgage payments. That’s where The 62+ Loan™ can help.
The 62+ Loan™ is a home equity conversion mortgage (HECM) that gives active adult homeowners an opportunity to eliminate their traditional mortgage payments in exchange for monthly cash flow, which can facilitate financial flexibility and a more active retirement lifestyle.
Active adult homeowners know the importance of finding the right mortgage that fits their needs, budget, and lifestyle. But for active adults and retirees who seek more financial freedom, economic security, and peace of mind, there might be a better option than a traditional mortgage: The 62+ Loan™.
Retirement looks much different than it did in the past. If you’ve been thinking about picking up a part-time job, here are some benefits of working during retirement along with tips on finding part-time employment. Keep reading to learn more about employment for seniors who want to work part-time.
Although misinformation can easily spread about the ins and outs of Social Security benefits, it’s important to separate fact from fiction so active adults can feel empowered to plan their retirement finances. We found and dispelled five common myths about Social Security to reveal some major truths about the system.
Contrary to what you think, that dream home may not be out of your reach. Although retirees may no longer have paychecks coming in, they can still qualify for home mortgage loans. Lenders are open to providing loans for people enjoying the best years of their lives.
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We’re changing the way people 55 and older are searching for their perfect next place. With a national network of hand-selected real estate experts, plus comprehensive information, unbiased content, and on-the-go insight about thousands of communities across the country, we’re a trusted resource paving the way from here to home. Whether you’re interested in a low-maintenance single-level residence, an active lifestyle or age-qualified community, an intimate enclave, or anything in between, we can help you make your next move the best one yet.