The Best of 2015 at Topretirements: From Best Places to Funky Towns

Category: General Retirement Issues

December 30, 2015 — As 2015 begins to float away in the eddy of the busy holidays, it is interesting to see which articles grabbed the attention of the Topretirements.com community during the year. There are always at least a few surprise articles that generate more readership and Comments than we expected. Here is our annual review of the best of Topretirements for 2015.

We Do Appreciate
Before we list the best articles, we need to mention some other bests here. For one, we appreciate the loyal advertisers who make this site possible. Many have been with us almost since our beginnings in 2007 – thank you for your support. Our members are tops too; we love your insightful and thought-provoking comments and suggestions (please keep both coming!) It is fun to produce this site for such an engaged group of people.

Most Read Articles of 2015
The first few articles are no strangers to this list – our (more…)

Posted by Admin on December 29th, 2015

They’re Back: Charitable IRA Contributions Not Taxable

Category: Financial and taxes in retirement

December 28, 2015 — You only have a few days left to do it, but you can now once again make a qualified charitable donation from your IRA in 2015, and not have that donation count as taxable income. The re-authorization of The IRA Charitable Rollover provision is one of many outcomes of the Congress’s recent Omnibus spending bill (PATH Act of 2015). The provision allows individuals who have reached age 70½ to donate up to $100,000 to charitable organizations directly from their Individual Retirement Account (IRA). The change is permanently reinstated. The payment must be made directly to the charity from the IRA or 401k.

The problem with this good news is that most (more…)

Posted by Admin on December 27th, 2015

How Much of Your Social Security Benefit Will You Pay in Taxes

Category: Financial and taxes in retirement

Note: This article compiles information from a Social Security Office or Retirement and Disability Report: Taxation of Social Security Income. Note that we are not tax professionals – consult your accountant or other expert before you make any important decisions on this issue.
December 18, 2015 — Many of our members are either not aware that they might have to pay taxes on their Social Security benefits, or if they are, not sure how much they might have to pay. This article will try to shed some light on the issue.

Social Security beneficiaries with total income exceeding certain thresholds have been required to claim part of their Social Security benefits as taxable income since 1984. The income thresholds for taxation of benefits have remained unchanged since Congress first established them but, because wages have increased, the proportion of Social Security beneficiaries who must pay federal income tax on their benefits has risen over (more…)

Posted by Admin on December 19th, 2015

Life Lessons: How Older People Can Show Us How to Stay Young

Category: Health Issues

December 15, 2015 — Hopefully at this point your children have been raised, your career is behind you, and you have amassed enough money to start enjoying a comfortable retirement. Now you have a new job: a happy and fulfilling retirement. But what is the best way to do that, and avoid wasting what are supposed to be your golden years?

One really good place to start is to examine the attitudes and behaviors toward retirement and aging of the people who have gone before us. You most likely know or remember some people who you admire for the way they lived their lives. This article will examine some of the life lessons we have seen firsthand or read about in famous (more…)

Posted by Admin on December 15th, 2015

Climate Change and Where You Retire: Should You Be Worried?

Category: Green Retirement Communities

By Roberta Isleib
December 15, 2105 — With talks on climate change wrapping up in Paris with an agreement signed between 196 nations, it seems like a good time to consider whether climate change should be factored into choosing your best place to retire. (And to be perfectly honest, one of our regular readers tweaked us recently to write an article on this subject, saying “retirees really need to know how climate change is affecting and will affect their retirement location.”)

So we’re hoping to set aside political agendas and ideologies today and explore some of the facts about where and how things are changing and how that might inform your retirement choices. Are there locations where you should not plan to retire, either in the near future or down the road? The answer – almost certainly.

The Washington Post reported this week that the president of Kiribati, a pacific nation consisting of 33 (more…)

Posted by Admin on December 15th, 2015

Your Best Place to Retire Might Be… in a City

Category: Best Retirement Towns and States

December 9, 2015 — For a surprising number of baby boomers the ideal retirement is not in an active community with a golf course, tennis courts, swimming pool, or clubhouse. Neither is it a small town, nor a postcard pretty burg with a college as its centerpiece. Instead, many surprise their friends by moving from the suburbs to of all places – a city. While an unexpected choice, there are any number of good reasons to make this move, akin to a salmon swimming upstream. This article will explore the many advantages and disadvantages of an urban retirement lifestyle, and then we will provide a list of 10 great cities where you can retire.

As we are fond of saying, retirement is a chance at a do-over on life. Lets say you have regrets about some choices you made during adulthood – like where you chose to live or what you did for a living. Now that you are (more…)

Posted by Admin on December 8th, 2015

Ten Great Places to Retire for LGBT People – and Everyone!

Category: LGBT Retirement

By Dave Hughes
December 7, 2015 –When it comes to choosing a place to live during retirement, Lesbian, Gay, Bisexual, and Transgender (LGBT) people want the same things that everyone else wants – someplace safe, reasonably priced, agreeable climate, cultural and recreational amenities, and good healthcare. LGBT people, however, have a few additional factors to consider. Those include: how tolerant an area is, the presence of a gay community, and healthcare providers that are welcoming towards LGBT people. Sadly, instances in which LGBT patients are treated poorly and same-sex partners are denied visitation rights or decision-making rights in hospitals and nursing homes are still all too common.

How can straight people benefit from a list of LGBT-friendly retirement cities? (more…)

Posted by Admin on December 7th, 2015

Tick, Tick, Tick… Time Running Out to Take Your Annual RMD

Category: Financial and taxes in retirement

December 6, 2015 — If you have a 401(k) and/or an IRA, and you turned 70 and 1/2 in 2014 or earlier, you have a very big deadline coming December 31. That is the date by which you must take your annual Required Minimum Distribution (RMD), or face significant penalties. A surprising number of people fail to take these distributions. All of the money taken from regular (more…)

Posted by Admin on December 5th, 2015

Start Your Own Cohousing Community

Category: Active adult communities

December 1, 2015 — We are very happy for the folks who find their perfect place to retire -it is wonderful that you can live your dream. But we know there are many others who haven’t found their Goldilocks place, yet anyway. For those who haven’t, perhaps your experience is something like… the right community is too old… HOA fees are too high or restrictive… they have amenities you don’t want… too many young people… or, it would be perfect, except it’s in the wrong place. But maybe the problem is that your community hasn’t been invented yet. Perhaps it is up to you to build it yourself.

Nextavenue.com had an interesting article, “Not Your Mother’s Retirement Home“, that discusses different (more…)

Posted by Admin on December 1st, 2015