Empty Nesters Spending Too Much, Saving Too Little

Category: Financial and taxes in retirement

May 25, 2016 — We’ve seen a flurry of studies articles over the past few months that suggest that empty nesters aren’t doing a good enough job of saving. It seems like once the kids and the costs associated with them are gone, most people spend the extra money instead of save it. The overall findings are troubling, since so many people are expected to have a very hard time maintaining their pre-retirement lifestyles. We just hope you are among the folks who have saved enough!

Here are some of the articles and links: (more…)

Posted by Admin on May 24th, 2016

11 Small Cities Perfect for Your Retirement

Category: Best Retirement Towns and States

May 24, 2016 — Does the idea of retiring to a small town seem nice, but just a little too confining? Or do the bright city lights get you excited – until you realize the urban pace might be too big, too intense, too congested, too expensive for a retirement lifestyle? If you are torn between the two, perhaps you should consider a small city, where you can experience the best of both worlds – retirement on a smaller, more livable scale, along with plenty of excitement, restaurants, and happenings to enjoy.

To produce this article we searched for smaller cities that are perfect for retirement. We tried to avoid places that get mentioned over and over again, or that are more popular as tourist destinations than as a place to live in retirement. Our criteria were relatively simple:

– City population between 100,000 – 250,000 (our definition, and hard to measure precisely)
– A distinct city center that is bustling day and night
– Advantage given to towns located in the Sunbelt or slightly warmer climates, since most retirees have that preference
– Not prohibitively expensive

11 Great Small Cities for Retirement
Here is what we came up with, using popularity figures (more…)

Posted by Admin on May 23rd, 2016

Updated Article: So You Are Turning 65 – Medicare and You 101

Category: Health Issues

May 17, 2016 — We have just updated Part I of our “So You Are Turning 65: Medicare and You 101” article. The revisions include up to date premium and deductible numbers for 2016, among other improvements. There had been a flurry of recent Comments made to this article and our “Open Enrollment Season Opens for Medicare and Obamacare” piece, so it seemed like an excellent time to get it up to date.

Posted by Admin on May 17th, 2016

Peter and Sally’s Adventures Along the Way to Retirement

Category: Adventurous retirement

“Life is a series of natural and spontaneous changes. Don’t resist them; that only creates sorrow. Let reality be reality. Let things flow naturally forward in whatever way they like.”
Lao Tzu, philosopher.

By Peter and Sally
Our friends Peter and Sally have a zest for life that is evidenced in the choices they have made over their adult life and into retirement. They also seem to move a lot. We appreciate that they were kind enough to share that history with Topretirements. They have ended up (so far!) in a very cool, extremely tiny incorporated city below Palm Beach. Our hope is that you will find their saga interesting as well as instructive.

May 15, 2016 — We have many friends who have spent their entire married life in one home. It didn’t turn out that way for us. It’s not like we planned it or anything, it was just that the grass always looked greener somewhere up or down or across the road. Circumstances also change. Here is our tale of where we lived from newly married to several iterations of retirement.

1978, Hartford Connecticut – A cool condo! One of the first in the city. Historic rehab, 3 levels, exposed brick. Walk to work with all the other hip, young professionals. Perfect.

But … shlepping groceries (more…)

Posted by Admin on May 14th, 2016

How Much Has Your Home Value Changed Since 2004

Category: Retirement Real Estate

May 11, 2016 — Is your real estate experience something you are pleased with, or a subject best left untouched? A new interactive tool published in the Washington Post will confirm that for you in just a few seconds. Enter your zip code or town, and voila!, it will show you how much the value of your home has changed since 2004. (more…)

Posted by Admin on May 10th, 2016

10 Friendly Places to Retire

Category: Best Retirement Towns and States

May 9, 2016 — The nation’s 77 million baby boomers face a life-changing decision – finding a place to live once they retire. Making a good choice involves many considerations, but the most critical is to select a place that helps them fit in and feel welcome quickly. After all, moving is never easy, and neither is making friends and social contacts from scratch. Fortunately this new list, “10 Friendliest Places to Retire”, can help.

The ten towns on this “Friendliest” list that made the final cut have one major thing in common: they are in fast growing areas that attract (more…)

Posted by Admin on May 9th, 2016

Moving Challenges for Snowbirders: Tonka and Yoda Do the Annual Migration

Category: Travel

Travels with Lucy, John, Yoda, and Tonka
May 2, 2016 — The heart of this article was originally posted on JungleRedWriters.com by Lucy Burdette, who you might recognize as the better-half of Topretirements. We have appended an additional section at the end on the traveling issues that snowbirders have, with pets or not.

Lucy Burdette: John and I have always been a little smug about (more…)

Posted by Admin on May 2nd, 2016

Renting vs. Buying – Which Is Better in Retirement?

Category: Retirement Real Estate

April 29, 2016 — One of the biggest considerations most Americans face is determining if, and when, it makes sense to buy a home. In retirement, however, the question becomes a different one: “Should I remain a homeowner?” For all Americans, one recent study by Trulia.com found it is more cost effective to buy than rent. But what about for retirees? Trulia found that it is 41.8% cheaper for retirees to buy than rent in all major US metros. The issue is not quite that simple though, as there are emotional and practical considerations as well as financial ones.

We were very pleased that Trulia reached out to Topretirements for this article, providing us with custom data for our Top 10 Most Popular Places to Retire. This data, presented (more…)

Posted by Admin on April 29th, 2016

7 Key Steps If You Lose Your Smart Phone

Category: Home and Garden

April 19, 2017 — Just about everybody has an iPhone, smart phone, or at least a vintage flip phone. If you own one of the former two devices, you have made a significant investment, one that would hurt if you lost it. Unfortunately you could experience that pain all too easily if you lose it (done that several times!), take it swimming (that too), or have it stolen. This article will focus on what to do if you lose your phone, and why you have pretty good odds of finding it again, if you take the right steps.

Although Apple claims in advertising that the iPhone 6 starts at $200, higher performance models can easily go to $400 (plus a $450 subsidy from your carrier). But by the time you attach it to a 2 year plan, your total cost will probably not be less than $500 and could go over $1000 (See ZDNet article on costs). Models from other manufacturers are also expensive.

So when your editor lost his (more…)

Posted by Admin on April 19th, 2016

Sandy and Annie’s Quest for the Perfect Place to Retire

Category: Best Retirement Towns and States

April 11, 2016 — We love hearing stories from real people about their adventures in finding the perfect place to retire. So we were very fortunate recently to get an in depth interview from 2 old friends, Sandy and Ann, who shared their retirement search adventures. We hope you will find it interesting and instructive. (Don’t miss the Further Reading section at the end – over the years we have interviewed a whole lot of people about their retirement search experiences – and the links to those stories are all there!)

Prior to retirement the pair lived in a comfortable New York suburb, from which they commuted to successful careers in the Big Apple. Their enviable lifestyle included frequent ski trips to Vermont in winter and a busy social life at a country club the rest of the year. But when it came time for retirement, both were interested in a change of scenery. They agreed on two main motivations: to have easier access to outdoor recreation opportunities like hiking, biking, and skiing; and to escape New York’s expensive cost of living and real estate taxes.

Looking down south
Like so many others, they were faced with a big (more…)

Posted by Admin on April 11th, 2016
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