Category Archives: Retirement Guides

Earning Extra Credit On Your Home

Tax season is here, and as a homeowner you’ll be checking off the list of deductions from paid interest to property taxes, but what about that new water heater you installed? Depending on the home improvement project, or modification, you may be eligible for a tax credit to start a vacation fund, or purchase that sofa set you’ve been eyeing.

Cosmetic Or Credit?
While applying a fresh coat of paint, or installing granite counter tops can boost the resale value of your home, they won’t qualify as a write off. According to Turbo Tax, improvements that change the aesthetic of the home like putting in a pool contribute to the structural appeal only, but can’t be counted as a deduction. On the flip side, making modifications to improve a home’s accessibility could pay off. Aging in place is becoming a popular trend with baby boomers, and renovations such as zero threshold showers, or opening up entryways to accommodate a wheelchair can be considered deductible medical expenses. Before you embark on a big change, it’s a good idea to consult with a financial advisor to help get the most out of your investment.

Choosing the Perfect Retirement Home

Choosing the Perfect Retirement Home

Making the Decision of Attached or Detached Retirement Homes

Active adults in the midst of downsizing and considering a move to a retirement home have the choice of attached or detached homes. This can be a bit of a challenging decision as there are various pros and cons to attached and detached homes. If you are in a bind trying to figure out which type of home to move into, here are a few advantages and disadvantages of both types of homes.

Mental Exercises to Keep Your Mind From Aging

Mental Exercises to Keep Your Mind From Aging

The days of having a mind as sharp as a tack are falling behind you. Those days you could remember all your friends’ phone numbers easily. Now you can barely remember your own phone number let alone the entire list of contacts. How often do you have to go through your phone book to look up a number you could have dialed in your sleep? How often do you miss your children’s or friends’ birthdays and find yourself buying belated birthday cards? A little bit of forgetfulness does not mean you are on the fast track to Alzheimer’s. It is nature’s way of reminding you that, sadly, yes, you are aging. But wait. Before you start feeling sorry for yourself, think about what you can do to prevent further memory lapses.

Fun Things to Make Senior Living Fabulous

10 Fun Things to Make Senior Living Fabulous

Senior Living Past 55+ Age Can be Spiced Up With Many Activities

Retiring should not put you in a bad mood and make you feel useless and helpless. Going past 55+ should not be seen as reaching a phase of boredom in your life. Rather, the retirement age should be treated as a new chapter in life with many new opportunities. Now that you have reached this age, you may wonder what life has in store for you. You may wonder about what you can do to make your time pass pleasurably. Don’t worry; there are many things that you can consider doing now that you have the time for it. Let’s take a look at 10 fun things that can spice up 55+ senior living.

Money Saving Tips for Seniors

6 Money Saving Tips for Active Seniors

Active Adult Living Made Better with Money Savvy Measures

The rising cost of living is not easy for most seniors.  You, as an active senior, maybe living on a fixed income and the rising utility bills, gas and food prices may be quite worrying.  This can be true even if you have planned well for retirement.  However, there are ways to stretch that income, if you follow some money-savvy practices. Here are a few methods that you can take into consideration to keep your finances stable and your mind free of worry.

Selling your Home? Here’s What You Can Do

Selling your Home? Here’s What You Can Do

Moving can be a sad, overwhelming, frustrating, and chaotic time.  However, it is something that you need to get through to get on with your life.  Many baby boomers put their homes on the market when they realize it is either too empty or too big – now that their children have left the nest.  They wait in great anticipation for the sale of their old home to come through so that they are able to purchase a new one in a retirement community of their choice.  However, this may take longer than the usual time, if they do not know how to set the stage to sell their homes.

Focus on New Hampshire

New Hampshire is a State definitely worth a second look if you are now considering all of the possible States to start your new life at 55+.  Now that your kids have gone off on their own, you will find that a new chapter has dawned in your life.  With retirement, you will definitely feel the difference between an Empty Nesters way of life vs. what it used to be before.  This is why it will certainly be the right time to explore a new State and settle down in a place that will let you pursue now the things you love to do ….but never had the time to do before.  New Hampshire, also known as the “Granite State”, is located in the northeastern part of the United States.  Moving to New Hampshire could be an exhilarating and thrilling experience for you.  Let us tell you why.

Focus on Vermont

Considering moving to Vermont for your active retirement years?  Well, we think that is a fantastic choice!  This State in the New England region of the United States is a fantastic marriage of laid back relaxation and also a hub of excitement.  If you are interested in moving to Vermont during your retirement years, you are in for a treat.  You can enjoy a Continental Moist climate, various fauna, and flora and get involved in a host of activities that will keep your life full of fun and…