Retirement on a Cruise Ship Combines Adventure with Convenience

Category: Travel

Nov. 30, 2010 — If you are the kind of person who likes adventure and convenience – two goals that are usually incompatible – retirement on a cruise ship might be for you. It’s easy to see why many folks like cruises – you arrive at the dock, have your picture taken and come on board for a glass of the bubbly. Meanwhile your luggage finds your room (tipping is usually already included). You stow your clothes away (once) and then contemplate which restaurant merits your dinner reservation. After a busy night at the shows or rolling the dice, you awake to find your new home arriving in a new and exotic port. You check out those sights, then back to the ship where you …. rinse and repeat! And until it’s time to go home,your job is to enjoy hassle-free travel from your moving base.

Many retirees go on cruises when they first retire. Usually they like them so much they (more…)

Posted by John Brady on November 30th, 2010

11 Things You Should Know Before You Retire Overseas

Category: International Retirement

By Kathleen Peddicord

Here are 11 things I’ve learned from the school of hard knocks after three international moves across three continents with two kids, a dog, a turtle, a husband, and two businesses:

1. The first step to any move abroad is to set your priorities and to be honest in the process. What matters to you most? Evenings at the theater? Friends whose company you can enjoy in English? Cost of living? A reliable Internet connection? Don’t kid yourself. If you can’t imagine life without a Maytag washer and dryer, for example, you may need to rethink the entire proposition.

2. Make all decisions jointly with whomever you (more…)

Posted by John Brady on November 29th, 2010

How the Bipartisan Panel Recommendations to Reduce the Budget Deficit Might Affect You

Category: Financial and taxes in retirement

The Presidential blue ribbon panel on how to reduce the deficit revealed a draft of its plan earlier this month. We don’t know about you, but any time a proposal attracts both howls from the rabid right and screams from the liberal left, it has to be a pretty good thing. The draft report prompted us to write this article on how its draft proposals might affect you as an older baby boomer (born before 1956). It also includes information about how you can interactively fix the budget yourself – courtesy of the New York Times.

Here are some of the key aspects of the proposal from the commission co-chaired by Erskine B. Bowles and Alan K. Simpson.
In our opinion most of the (more…)

Posted by John Brady on November 23rd, 2010

No Go: A Worst States for Retirement List We Don’t Agree With

Category: Best Retirement Towns and States

As our faithful readers know well, we are avid admirers of lists of the best and the worst places to retire. The more arcane the list topic, the better: (Best Places to Start Over Again, Best Places You Never Heard of, etc.). Recently we came across a list from money-rates.com of “The 10 Worst States for Retirement”. While the website undoubtedly put some careful research into developing their list, we couldn’t disagree more with the results.

Money-Rates.com started off with a reasonable methodology, selecting 4 factors to help screen the list:
Economic (Unemployment, tax burden, cost of living)
Climate (Humans like 68 degrees, so the authors preferred places with the least (more…)

Posted by John Brady on November 23rd, 2010

Dueling Carolinas: North Carolina vs. South Carolina As the Best Retirement State

Category: Best Retirement Towns and States

Editors Note: This is the third in our series comparing various states as places to retire. Don’t miss the first, Florida vs. Arizona Retirement, or the second, Delaware vs. Maryland vs. Virginia vs. New Jersey. There are more “Dueling” comparisons listed at the end of this article. We welcome ideas for future ones.

Updated April 5, 2015 — Both North and South Carolina enjoy a favorable image among baby boomers; in fact the Carolinas are a red-hot retirement destination. As great places to retire, both have become as popular as Florida. In this comparison we will evaluate various factors for both states that affect retirement, letting you draw your own conclusions from the facts. As always, reader (more…)

Posted by John Brady on November 15th, 2010

Can a Yankee find Retirement Happiness in the South?

Category: Best Retirement Towns and States

Note: We now have Part 2 of this series, which summarizes the many (over 248) comments made to this article. Obviously, we struck a nerve here!

Nov. 9, 2010 — You might be the kind of person who wants to retire somewhere warm. You’ve identified some states where the climate is a lot better than where you are now, and where outdoor recreation is possible12 months of the year. You’ve also done your research and have chosen a state that that is tax-friendly. Chances are, the states that meet those criteria are in the South. And that probably gives rise to other questions.

Even if you have never spent any significant time in the South, you probably have an image of what life might be like be like there. Without the benefit of experience, however, that image is probably off the mark. In this article we will attempt to answer some questions to help you become better informed: Will the people in your new community be friendly? Will you, a Yankee, fit into the social and cultural ecosystem of your new southern home? Will you be able to contribute (more…)

Posted by John Brady on November 9th, 2010

Latest “Best Places to Retire” Lists Feature Tried and… New

Category: Best Retirement Towns and States

Maybe it’s the chilly fall air, but whatever the reason, new “Best Places to Retire” lists are falling off the trees these days. This article will give you a run-down of some of the “best” we have seen lately.

Smartmoney.com’sThe New Best Places to Retire“. Smartmoney’s reporter asked for and received input from Topretirements on this list, which profiles 9 great places to retire. We like their list because it contains almost as many surprise picks as predictable choices. In the end San Luis Obispo just squeezed out Santa Barbara to make the list as #9, (as we recommended,mostly on the basis of lower cost). Three of the nine towns on their list included the usual suspects: (more…)

Posted by John Brady on November 1st, 2010