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Located near one of America's top college towns - Chapel Hill, NC - Fearrington Village is a planned community of nearly 2000 people, cra...

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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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Valencia Bonita by GL Homes introduces a new standard of 55 + living in Bonita Springs, on Florida's beautiful Gulf Coast. Homeowners can...

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Set amidst the picturesque, quintessential landscape of Lancaster County, Traditions of America is excited to introduce Traditions of Ame...

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Nestled in the foothills of the Great Smoky Mountains, Tellico Village comprises over 5,000 acres along Tellico Lake. Established in 1986...

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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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You and Your IRA and 401k: An Owners Manual for the Newly Retired

Category: Financial and taxes in retirement

October 27, 2013 — Through all those years of faithful contributions to your 401k or IRA, you probably never really thought too much about the day those savings would be used. But either now or soon in the future, that money has to come out of your account, most likely as a key component of your retirement financial picture. This article will review some of the issues you are likely to face with your 401k, IRA, or similar retirement account. Tax laws are tricky and we have attempted to paint a broad picture, there will always be exceptions to some of the general principles discussed here. We are not tax or investment experts – check with a qualified professional from this ira vs 401k article for an expert opinion.

401ks – A Review
First, a few facts. 401ks are a relatively new part of the retirement picture. They are defined contribution plans (a promise of how much will be contributed to the plan), and they were largely designed to replace defined benefit pension plans (the old days, (more…)

Posted by Admin on October 25th, 2013

As Supply Tightens, Condos Coming Back on the Market

Category: Retirement Real Estate

October 21, 2013 — In the depths of the 2008 real estate meltdown many developers decided to turn their new condos into rental units, rather than take a bath on prices and unsold inventory. That strategy, for those who could afford to wait, seems to worked out rather well. If you have held off selling your home until now, the return to a stronger market could be beneficial to you too, particularly if you are not planning on replacing it.

The Wall St. Journal recently reported in “Condos Going Back Up for Sale” that many luxury rental units in places like California and Florida are now coming on the market as condos. While the pace of conversions from rental apartments to condos is a fraction of the torrent that came in pre-bust years, the rate is the highest it’s been since 2008. In 2012, 2,080 apartments were converted to condos from rentals, compared to 152,206 conversions in 2005.
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The trend in condo conversion confirms (more…)

Posted by Admin on October 21st, 2013

5 Golden Rules for Solving the Baby Boomer Travel Problems We Didn’t Have Back in the Day

Category: Travel

October 15, 2013 — Forty or so years ago many of us baby boomers set out for distant parts – armed with tools like a backpack, “Europe on $5 a Day”, a EuroRail Pass, and a spirit of adventure. Whether it was a post-graduation trip to Europe or a motorcycle excursion out west, we experienced the joys of discovery and new experiences. Now, flash forward to us hitting retirement age and looking forward to more travel experiences. The desire is the same, but the travel might not be quite as easy as it was back in the day.

Part 1 of this 2 part series will focus on the new travel problems that baby boomers typically face as we roll up higher mileage on our personal odometers. We will also provide suggestions and tips on how to overcome these difficulties. Part 2 will go over different strategies (more…)

Posted by Admin on October 15th, 2013