Sun Communities is the proud owner and operator of over 350 manufactured home communities nationwide. Our professionally managed, active adult communities offer an array of activities and amenities to fit all lifestyles and budgets! Visit us today for more information.

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Cresswind Charleston is Charleston-area's BEST active adult lifestyle community. Cresswind inspires active adults to live life to the ful...

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Fairfield Glade, a stunning master-planned community, is perched high atop the Cumberland Plateau, and offers serene mountain beauty as i...

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Quaint Cottage Living, in your hometown. Slow down & relax by the pool or escape to the nearby trails. Get a little local shopping do...

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Everything you need to live life to its fullest is now in Peachtree City. With Kolter Homes’ award-winning active adult community, Cressw...

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Traditions of America is excited to bring the 55+ Live Better lifestyle to the South Hills of Pittsburgh! Traditions of America at Southp...

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Traditions of America is excited to bring the 55+ Live Better lifestyle to Bethlehem with its latest community - Traditions of America at...

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New Blog Article

 

April 7, 2020 – The FIRE Movement, Financial Independence Retire Early, got a huge boost from the roaring stock market from 2019 through Feb. 2020. People who had been cutting way back on their expenses and investing that extra money saw their portfolios go way up. For that matter, anybody with a 401(k) or retirement portfolio was feeling pretty good. Many young people in their 40s and 30s even “hit their number”, quit their jobs and planned to live on their savings and non-traditional income sources, such as side gigs or rental income. Then the coronavirus hit, throwing a bucket of cold water on FIRE flames.

In just a few weeks during March stocks were down as much 40%. While that would not be fatal for a person with 20 or more working years or who did not have a big equity position, it would be devastating for someone who based their retirement on a booming stock market. Not only would they have less money to take out of their portfolio to live on each year, but they also wouldn’t have the steady income of a job to help them rebuild those savings. What’s more, studies show that the longer someone is out of the job market, the harder it is for someone with to yesterday’s skills to re-enter it. Folks who built their dream on renting out an Airbnb or rental property are probably seeing their revenues go to zero in 2020, while expenses continue.

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What it's Like to Retire in Philadelphia

Philadelphia is one of America's most historic cities as well as the largest city in Pennsylvania. Philadelphia is home to numerous colleges and universities including Penn and Villanova. It is also home to many neighborhoods and a vital, historic downtown surrounded by 2 major rivers... more >>

State: Pennsylvania

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What it's Like to Retire in Grand Rapids

Grand Rapids is one of the most prosperous and dynamic cities in the State of Michigan. With a population just under 200,000 it has an exceptionally strong cultural presence for a mid-sized city. Grand Rapids is home to several private colleges including Calvin College, Acquinas College, as well as the Grand Rapids Community College. Nicknamed the "Furniture City", Grand Rapids has a diversified industrial base, although currently unemployment is near 15%... more >>

State: Michigan

 
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What it's Like to Retire in Kalamazoo

Kalamazoo is small city of about 77,000 on the Kalamazoo River. It  is home to Western Michigan University and Kalamazoo College, a liberal arts school whose campus abuts WMU's. Kalamazoo is a dynamic place with a very interesting industrial past. The Checkers Motor Company, makers of the fabled Checker cabs, was headquartered here. Now there is an interesting mix of cultural venues and festivals, in addition to frequent festivals.  Photo of Looking southwest from N... more >>

State: Michigan

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What it's Like to Retire in Lebanon

Lebanon is a fairly affluent city of 20,000 in southwestern Ohio, part of the Cinncinati Metro.   It is both a suburb and a town in its own right.  Tourists come here for the The Warren County Historical Museum, an outstanding county museum. The Glendower State Memorial provides a classic example of residential Greek Revival architecture along with many elegant Empire and Victorian furnishings... more >>

State: Ohio

 
 
 
 

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