retire: 5 Great End-of-Summer Getaways for Retirees - 09/03/11 04:12 AM
While retirees may have the freedom to travel throughout the year, there are some vacation spots which offer plenty of summer fun. Here are five destinations which provide great summer getaways for older adults.
1. Kiawah Island, South CarolinaJust outside of Charleston, Kiawah Island is a resort area which is known for its pristine beaches and premiere golf courses. Older travelers will love the quiet beauty of Kiawah Island as well as its fabulous attractions. For a memorable vacation, visitors can book a stay at the luxurious Kiawah Island Golf Resort and Sanctuary Hotel or rent a cozy cottage beachside home … (1 comments)

retire: Downsizing Is Easier Said Than Done - 08/18/11 02:49 AM
After a lifetime of accumulating a houseful of “stuff,” empty-nesters often want to de-clutter their lives. This may be the perfect time to move toward retirement plans, and downsize to a home that requires less maintenance. Yet downsizing is often easier said than done.
While you may think it will be easy to get rid of your excess belongings, most of that stuff is stored around your house for a reason. Maybe it was a gift, or it has sentimental value. Maybe it’s clothes that are a bit snug, but are sure to fit after your next diet. You may know … (1 comments)

retire: 5 Best Low Tax Retirement States - 07/30/11 04:20 PM
When it comes to saving money, most retirees understand the benefits of moving to a low tax retirement location. However, some of the most tax-friendly retirement states may not be the best fit when you consider other factors such as climate, culture and proximity to family and friends.
Tax-friendly states like Alaska and New Hampshire will certainly appeal to select retirees, but the majority of homebuyers may be more interested in low tax retirement locations which balance cultural appeal with affordability and a mild climate. Here are five of our favorite low tax retirement states:
1. Nevada Retirement
With no state … (6 comments)

retire: Yes, a 60-Year Old Can Get a 30-Year Mortgage - 07/27/11 04:03 AM
Older adults often assume that they would not be eligible for a 30-year mortgage. Legally, however, banks can only offer loans based on financial qualifications alone. This means applicants cannot be turned away based on their age, whether they are 50, 60, or even 90 years old.
In the United States, the Equal Credit Opportunity Act (ECOA) protects adults from mortgage discrimination by not allowing creditors to consider personal factors such as age, race, sex, religion, marital status or national origin. Age alone cannot prevent anyone from qualifying, even when an applicant’s life expectancy is less than the terms of the … (3 comments)

retire: Terrific Tampa Bay Luring Retirees to Florida’s Gulf Coast - 07/09/11 03:05 PM
Florida’s Tampa Bay area is one of the state’s most popular retirement destinations. Why? With beautiful beaches, diverse attractions and excellent healthcare, the area has plenty to offer active adult retirees. And, with many age-restricted communities in close proximity to Tampa Bay, retirees will have no trouble finding a great place to live.
Tampa Bay’s gorgeous, sunny beaches are easily the area’s main draw for active adult retirees. Located on Florida’s western coast, Tampa Bay opens into the warm waters of the Gulf of Mexico. Here, active adults can enjoy visiting a range of beaches all within an hour of each … (0 comments)

retire: Village of Cinderberry, Georgetown, Delaware - 06/13/11 08:23 AM
While some Delaware retirees enjoy sprawling resort-style communities, many others prefer smaller, more intimate neighborhoods such as the Village of Cinderberry in Georgetown, Delaware. This small-scale active adult community features just 170 homes and a charming clubhouse. The cozy surroundings offer a friendly atmosphere where it’s easy to meet all your neighbors and make meaningful friendships.
The Village of Cinderberry opened in 2003 and is being built by Circle J Developers. The homes in this 50+ community are available as either single-family or attached ranch style and are priced from the high $100’s to the low $300’s. The attached style homes … (0 comments)

retire: Will You Outlast Your Retirement Savings? - 04/16/11 01:38 PM
Though most active adults understand the importance of saving for retirement, many may underestimate the amount of money they will need to have saved. This is especially true as the average lifespan is growing and workers can no longer expect defined-benefit pension plans or social security income. How can you be sure that you will not outlast your own retirement savings?
Today, retirees cannot expect to live on a pension provided by their employers. Many employers do offer 401(k) programs, but it is up to individuals to opt in to these savings plans. Yet, while the responsibility to save for retirement … (0 comments)