Should You Buy or Rent in Retirement? Consider These Three Reasons Why Renting Might Be the Smarter Choice

Here at AgingOptions, as we walk people through the LifePlanning process, one of the issues we tackle is the question of housing. The great majority of seniors are firmly convinced that the ideal housing choice for them is the place they’re living today: surveys conducted by AARP show that nearly 90 percent of adults 65…

When Aging Parents Move In With Adult Children, Planning and Preparation are Required to Avoid Conflict and Disappointment

It’s difficult to pinpoint the actual number of aging parents who – either by choice or by necessity – are moving in with their adult children, but the figure is definitely on the rise. We decided to take a look at this “reverse boomerang effect,” as some have called it, in order to let our…

A Growing Number of Older Couples are Living Together – and Risking a Host of Potential Legal Problems

Back in the dark ages, before the 1960s, the phenomenon of unmarried couples living together used to be somewhat rare. That’s definitely not true anymore, especially among aging boomers.  The number of men and women aged 50-plus who decide to live together and not get married is on the rise – but what many of…

Less Money on Health Care, More on Housing: New Survey Shows Pre-Retirees are Pretty Poor at Predicting Retirement Spending

Anyone who has spent time planning for retirement has likely tried to predict how much money they’re actually going to be spending once they stop full time work. Making a realistic retirement budget is a critical part of financial preparedness. Now, however, a new study is revealing that workers approaching retirement age are pretty far…

AARP Report: Older Homeowners Association Members Who Fall Behind on Dues and Fees Face Increasingly Harsh Treatment

We’re not certain where all our AgingOptions blog readers live – but those here in the Pacific Northwest know that, for the most part, the housing market remains sizzling hot. Seniors planning for retirement often think about downsizing, and for many that means moving into a low-maintenance condo or a planned senior community. Those can…

“Solo Agers” May Enjoy Living Independently, but Navigating a Retirement Future Without Family Support Requires Planning

As most of us contemplate growing older, we expect to have our spouse and supportive family members alongside us on the journey. As we often say here at AgingOptions, “Aging is a family affair.” However, for millions of seniors, their experience will be quite different: for a variety of reasons these men and women are…

Don’t Let Your Dream Retirement Home Become a Nightmare – Before You Move, Ask Yourself the Right Questions!

If you and your “significant other” are starting to look ahead to retirement, it’s likely you’ve spent some time daydreaming about where you might live. While most retirees say they hope to age in their own home, close to family and friends, there are still plenty of folks out there who dream of retiring in…

Downsizing Myths and what you can learn from them

Thinking of Downsizing for Retirement Living? You Need to Plan Ahead in Order to Do it Right

Downsizing – moving into that smaller, better-organized, better-located retirement residence that’s just right for you as you age – is a popular topic these days. We’ve presented dozens of articles here on the AgingOptions blog about where and why to downsize. But here’s an article we found last fall on the MarketWatch website that we…