Author Archives:

SMARTMOVERS = Connecting “Dots”

Hey… if you’ve arrived here chances are you were hangin’ out with us at the SMARTMOVERS launch event this past Friday the 13th (Yea… “scary”!).  Good guys like Pat Cashman, Martin and Monte from Sozo Wine, Rajiv, Chef Gabe and Jerry Kingen, owner of Salty’s, all pulled together to make for good food, good wine, good times and the good cause of providing meals through the Federal Way Foodbank.

Or…. maybe you’d like to be hangin’ with these SMARTMOVERS  down the road, at one of the next events we pull off. (Sorry to those that we had to turn away this time…don’t you hate it when its a “Sold Out” scenario?)

Read More...

Approaching Your Aging Parents 101

What can you give an aging parent who has everything this Holiday Season? Try the gift of paying attention”. At no cost to you, this simple and invaluable gift can bring much peace and joy to entire families. As your parents age it is inevitable that we’ll see changes in their health, their ability to care for themselves, and their cognition. For those of who see our parents infrequently, the holidays are an excellent time to pay attention and look for some of the changes that I, as a Geriatric Care Manager, often see in the aging population.  Here are some light-hearted, but practical perspectives to adopt that I often find myself “coaching” children of aging parents on:

Alternatives to AARP

This past Saturday on the AgingOptions Radio Show a listener by the name of Tricia called in to inquire as to whether there might be some good alernatives to the AARP (American Association of Retired Persons)… similar organizations that could offer the same benefits associated with AARP’s vast membership “clout” in  procuring savings on things like insurance products and discounts on services and products.

Turns out that there are!  Membership groups that build upon the AARP model of  “purchasing strength in numbers” include groups such as the Association of Mature American Citizens (AMAC) ,which bills itself as a “Conservative alternative to the AARP” and the American Seniors Organization  being two such examples.

Read More...

Why Do Individuals Retire When They Do…

… And What Does It Mean For Their Retirement Security?

Prudential Financial sponsored research by the University of Missouri to identify the key factors
that impact when individuals choose to retire. This research identified several factors that make
individuals more likely to retire in any given year, including strong equity markets performance,
the retirement status of a spouse, and participation in a DB plan.2 Some of these factors heighten
the retirement risks to which individuals are exposed.

Read More...

Road Map to a Housing Rebound

Yes, as we all know… just as with politics, and Tip O’neil’s famous mantra, “All politics is local”… so, with real estate, “All real estate is local”. Having said that, this article in US News and World Report is instructive in that it lays out 5 general factors that we can, and should, pay attention to when it comes to making any buying, selling, increasing or decreasing decisions relative to our own, local housing situation.

THE big key to be aware of in the housing arena in today’s economy is this: Housing will most likely FOLLOW, not lead, the rest of the economy out of a slump. It has become a ‘following indicator’, where in the past housing was a major part of economic expansion.

Read More...

Got a “Seniorville”?… I Wanna Know About It

Happy Couple in FallLast Sunday’s Seattle Times Real Estate Section put a spotlight on the area of Riverside Drive / Bothell, a fine berg just north of Seattle,  touting it’s attraction as a “Seniorville”.  This put me in mind of an important concept that I counsel Boomers and Beyonders on when the issue on the table is…

“Where’s the best place for us to live out our ‘final 1/3 of life’ with a high level of  health and happiness”?

401(k) and IRA Changes Coming in 2012

Workers will be eligible to contribute an extra $500 to their 401(k)s next year, the Internal Revenue Service announced this week. Employees with higher incomes will also be eligible to get a tax break for saving in a traditional IRA, contribute to a Roth IRA, and qualify for the saver’s credit. Here’s a look at how 401(k) and IRA rules will change in 2012. http://money.usnews.com/money/blogs/planning-to-retire/2011/10/21/401k-and-ira-changes-coming-in-2012

Medicare cuts payment rates for Home Health Services.

Medicare will cut payment rates to home health agencies by 2.3 percent in 2012 — the sixth consecutive annual decrease in fees to the industry. The decision, which will lop off an estimated $430 million from the program next year, follows concerns by a congressional advisory panel that the agencies are overpaid.  http://seniorjournal.com/NEWS/Medicare/2011/20111102-MedicareCutsPayments.htm

How to Calculate Your Retirement Number

It’s difficult to determine exactly how much money is enough to retire comfortably. Households earning $50,000 or more will need about 80 percent of their pre-retirement earnings to maintain their current standard of living in retirement, according to a new Center for Retirement Research at Boston College report.

Aging In Place: Stuck Without Options

Only a small percentage of Americans move after they reach retirement age, according to demographic researchers, meaning most will “age in place” in neighborhoods where daily activities require frequent car trips. With rising life expectancies, America’s largest generation will also be the oldest ever. Inevitably, aging experts note, a large share
will find that their ability to navigate by vehicle diminishes or disappears over time. These millions of older adults will need affordable alternatives to driving in order to maintain their independence as long as possible. Read the full AARP report here…

Read More...

Author Archives:

SMARTMOVERS = Connecting “Dots”

Hey… if you’ve arrived here chances are you were hangin’ out with us at the SMARTMOVERS launch event this past Friday the 13th (Yea… “scary”!).  Good guys like Pat Cashman, Martin and Monte from Sozo Wine, Rajiv, Chef Gabe and Jerry Kingen, owner of Salty’s, all pulled together to make for good food, good wine, good times and the good cause of providing meals through the Federal Way Foodbank.

Or…. maybe you’d like to be hangin’ with these SMARTMOVERS  down the road, at one of the next events we pull off. (Sorry to those that we had to turn away this time…don’t you hate it when its a “Sold Out” scenario?)

Read More...

Approaching Your Aging Parents 101

What can you give an aging parent who has everything this Holiday Season? Try the gift of paying attention”. At no cost to you, this simple and invaluable gift can bring much peace and joy to entire families. As your parents age it is inevitable that we’ll see changes in their health, their ability to care for themselves, and their cognition. For those of who see our parents infrequently, the holidays are an excellent time to pay attention and look for some of the changes that I, as a Geriatric Care Manager, often see in the aging population.  Here are some light-hearted, but practical perspectives to adopt that I often find myself “coaching” children of aging parents on:

Alternatives to AARP

This past Saturday on the AgingOptions Radio Show a listener by the name of Tricia called in to inquire as to whether there might be some good alernatives to the AARP (American Association of Retired Persons)… similar organizations that could offer the same benefits associated with AARP’s vast membership “clout” in  procuring savings on things like insurance products and discounts on services and products.

Turns out that there are!  Membership groups that build upon the AARP model of  “purchasing strength in numbers” include groups such as the Association of Mature American Citizens (AMAC) ,which bills itself as a “Conservative alternative to the AARP” and the American Seniors Organization  being two such examples.

Read More...

Why Do Individuals Retire When They Do…

… And What Does It Mean For Their Retirement Security?

Prudential Financial sponsored research by the University of Missouri to identify the key factors
that impact when individuals choose to retire. This research identified several factors that make
individuals more likely to retire in any given year, including strong equity markets performance,
the retirement status of a spouse, and participation in a DB plan.2 Some of these factors heighten
the retirement risks to which individuals are exposed.

Read More...

Road Map to a Housing Rebound

Yes, as we all know… just as with politics, and Tip O’neil’s famous mantra, “All politics is local”… so, with real estate, “All real estate is local”. Having said that, this article in US News and World Report is instructive in that it lays out 5 general factors that we can, and should, pay attention to when it comes to making any buying, selling, increasing or decreasing decisions relative to our own, local housing situation.

THE big key to be aware of in the housing arena in today’s economy is this: Housing will most likely FOLLOW, not lead, the rest of the economy out of a slump. It has become a ‘following indicator’, where in the past housing was a major part of economic expansion.

Read More...

Got a “Seniorville”?… I Wanna Know About It

Happy Couple in FallLast Sunday’s Seattle Times Real Estate Section put a spotlight on the area of Riverside Drive / Bothell, a fine berg just north of Seattle,  touting it’s attraction as a “Seniorville”.  This put me in mind of an important concept that I counsel Boomers and Beyonders on when the issue on the table is…

“Where’s the best place for us to live out our ‘final 1/3 of life’ with a high level of  health and happiness”?

401(k) and IRA Changes Coming in 2012

Workers will be eligible to contribute an extra $500 to their 401(k)s next year, the Internal Revenue Service announced this week. Employees with higher incomes will also be eligible to get a tax break for saving in a traditional IRA, contribute to a Roth IRA, and qualify for the saver’s credit. Here’s a look at how 401(k) and IRA rules will change in 2012. http://money.usnews.com/money/blogs/planning-to-retire/2011/10/21/401k-and-ira-changes-coming-in-2012

Medicare cuts payment rates for Home Health Services.

Medicare will cut payment rates to home health agencies by 2.3 percent in 2012 — the sixth consecutive annual decrease in fees to the industry. The decision, which will lop off an estimated $430 million from the program next year, follows concerns by a congressional advisory panel that the agencies are overpaid.  http://seniorjournal.com/NEWS/Medicare/2011/20111102-MedicareCutsPayments.htm

How to Calculate Your Retirement Number

It’s difficult to determine exactly how much money is enough to retire comfortably. Households earning $50,000 or more will need about 80 percent of their pre-retirement earnings to maintain their current standard of living in retirement, according to a new Center for Retirement Research at Boston College report.

Aging In Place: Stuck Without Options

Only a small percentage of Americans move after they reach retirement age, according to demographic researchers, meaning most will “age in place” in neighborhoods where daily activities require frequent car trips. With rising life expectancies, America’s largest generation will also be the oldest ever. Inevitably, aging experts note, a large share
will find that their ability to navigate by vehicle diminishes or disappears over time. These millions of older adults will need affordable alternatives to driving in order to maintain their independence as long as possible. Read the full AARP report here…

Read More...