Anatomy of a 50th High School Reunion

Category: Baby Boomer Retirement Issues

Note: This is a followup to the Reunion Survey and results article we published in 2015. In that poll we found an even split between those looking forward to their 50th reunion, and those who said they either had no plans to attend, or were undecided. Many who said they would not come based their decision on bad memories or a need to move on from those days of old. Here is the link to the original article, Baby Boomers Look Forward to Their 50th Reunions with Optimism and …

— July 26, 2016. Your editor just had the pleasure of experiencing his 50th high school reunion. And, for how he felt about it, he agreed with the 62% in our previous survey who rated their reunion experience as (more…)

Posted by Admin on July 24th, 2016

1 in 4 Recent Retirees Would Delay Taking Social Security, If They Could

Category: Financial and taxes in retirement

July 20, 2016 — The decision on when to start taking your Social Security retirement benefits is a very personal matter. Our members report a wide range of answers – from “as soon as I can” to “waiting until the maximum age of 70”. This article will give some highlights from a recent survey by Nationwide Insurance on how 50+ adults feel about those Social Security decisions, particularly after they have made them.

The Nationwide Retirement Institute Consumer Social Security PR Study polled 3 different groups: people who have been retired 10 years, those who have (more…)

Posted by Admin on July 19th, 2016

As Oldest Boomers Turn 70, IRS Says Happy Birthday!

Category: Financial and taxes in retirement

July 20, 2016 — The oldest baby boomers, those born in the first post WWII year, are turning 70 this year. To which the IRS is probably saying, “Happy Birthday Boomer”, because the U.S. Treasury is about to get billions in tax presents. That’s about to happen because Required Minimum Distributions (RMDs) from your retirement funds are required in the year you turn 70 and 1/2. To do the math for you, if you were born in 1946 and your birthday is prior to July 1, you will be 70 and 1/2 in 2016.

If that describes your situation, you must start taking your annual Required Minimum Distribution (RMD) from your IRAs and 401(k)s. This year (the year you turn 70 and 1/2) you could wait until April 1, 2017 to take it, but if you do you will also have to take your 2017 RMD by December 31, 2017. (more…)

Posted by Admin on July 19th, 2016

Survey Results Show Our Members Will Retire Out of State, Weather is a Main Reason

Category: Retirement Planning

July 13, 2016 — If you have been curious about how your plans for retirement stack up with other baby boomers, look no further. This article will let you compare your plans and dreams with the 1200+ community-minded members who responded to our recent “How Much Do You Expect to Receive in Retirement” survey.

The 11 questions in that survey asked how far you might move, where you intend to retire, whether you would prefer to rent or buy, financing plans, as well as your interest in a home designed for 55+ living. We also provided a space for you to tell us in your own words about your plans for moving in retirement. More than 500 people did, and there is a link to every one of those interesting comments at the end of this article. Note that last week we published these results in 2 separate articles, this article basically combines those into 1, although today’s includes 3 separate groups of comments not included before.

One thing we do know for sure, Topretirements members are way more (more…)

Posted by Admin on July 12th, 2016

Survey Results Part 2: Renting is Out and Cash Will Rule

Category: Uncategorized

July 10, 2016 — This is Part 2 of the results from last week’s “How Much Do You Expect to Receive in Retirement” survey. In this installment we will report on the questions having to do with renting, financing, 55+ design features, and general comments about finding a place to retire. Here is where you can see the results from Part 1. We will also soon be providing a consolidated version with all of the survey results in one article, along with links to extended comments made. The bottom of the article contains links to all 11 of our previous survey reports on a variety of topics. (more…)

Posted by Admin on July 9th, 2016

Survey Results Part 1: Topretirements Members Overwhelmingly Plan to Move

Category: Retirement Planning

July 7, 2016 — If you have been curious about how your plans for retirements stack up with other baby boomers, look no further. The almost 1200 community-minded members who responded to last week’s “How Much Do You Expect to Receive in Retirement” survey have answered your question. We will report on the results in 2 phases; Part 1 concentrates on the “Where You’ll Move” questions in the survey. In Part 2 we will explore the renting vs. buying, financing, and 55+ appropriate construction topics – as well as a summary of of the over 500 comments made about your plans for moving in retirement.

One thing we do know for sure, Topretirements members are far more (more…)

Posted by Admin on July 7th, 2016

Wise Words About Retirement: A Roundup of All Our Previous Member Surveys

Category: Retirement Planning

June 28, 2016 — As we completed our latest Member survey (Where to Next?) it seemed like an excellent time to provide you with a rundown of all the surveys we’ve done in the past. Frankly, we think they contain an amazing trove of your collective wisdom – not only the insightful comments made in the surveys themselves but also the Comments made after we published the results. You can see the results of the Where to Next Survey at (see “Where to Next Results “.

To that end, here is a quick capsule of all these surveys (the titles are links to the entire reports). Even though some surveys were done as early as 2012, they still make for interesting and practical reading! One interesting thing we found while summarizing all of our previous surveys is how the basic results stay so close from survey to survey and year to year. For example (more…)

Posted by Admin on June 28th, 2016

Small COLA in Offing: Otherwise Sober Report from Social Security Trustees

Category: Financial and taxes in retirement

June 23, 2016 — The 2016 report of the independent Trustees of Social Security is out, and the news is nothing to be too happy about. Both Medicare and Social Security will soon be paying out more than they take in. The only small blessing for those currently receiving Social Security benefits is that it looks like there might be a small COLA (Cost of Living Adjustment) of 0.2% headed their way in 2017. Here are some other takeaways from the report, which make it clear that action is needed to keep benefits at least at current levels:

– Trust Fund reserves in the Social Security program that pays benefits to retirees, spouses, and their survivors (OASI) are projected to become depleted in 2035 (unchanged from last year’s report). At that time income (more…)

Posted by Admin on June 23rd, 2016

Are You Moving in Retirement – Please Take Our Quick Survey

Category: Retirement Planning

June 22, 2016 — Where will you live in retirement? Will it be in your current home, or something completely new in a very different region? Would you ever consider renting? Please take this quick 10 question, multiple choice survey and let us know. We will use your responses to develop an in-depth article for this Blog that should be very interesting. Thanks!

Note: This survey is now closed, thanks to everyone who took the time to complete it! Here is the link to the Where to Next Results

Posted by Admin on June 22nd, 2016

Best New Tech Products for the 55+ Crowd

Category: Home and Garden

June 22, 2016 — We can all use help in the art of staying youthful for as long as we can. Especially if getting to be 55+ has brought a few physical limitations along with our increased experience.

The list of helpful products reviewed recently by runs a wide gamut. Predictably it includes computers, tablets, and smart phones. It also reviews portable music devices (with the advent of wireless, just about anything is possible), smart watches, and cameras. At least one, such as the Garvin Nuvi-Cam, would be great additions to your car when checking out possible places to retire (in addition to navigation, it includes in-dash camera and driver awareness features).

Electric bikes are another innovation that is game changing for many people. We experienced (more…)

Posted by Admin on June 22nd, 2016
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