The Mysteries of Decluttering from Lucy Burdette

Category: Home and Garden

The Mystery of Decluttering…Recipes @LucyBurdette
August 16, 2017
By LUCY BURDETTE… Over the past 4 to 6 weeks, I’ve been involved in what one might call “productive procrastination.” This means using the inspiration about cleaning stuff out of my house that I found here to actually clean stuff out of my house. This most often happens when I am stalled on my writing. (Why is it that cleaning is so appealing when a person is hammering out a first draft of her new novel?)

We’ve made multiple trips to the clothing donation box, more trips to (more…)

Posted by Admin on August 16th, 2017

The Can That Keeps Getting Kicked Down the Road: Social Security Trustees Annual Report Has More Bad News

Category: Financial and taxes in retirement

August 15, 2017 — If you are receiving Social Security or you plan on relying on it for your retirement, this news is important. If no action is taken, your benefits will take a big haircut in just 17 years.

Every year the Social Security Trustees prepare an annual report. The one for 2016 was just published, and once again it predicts trouble ahead for the nation’s system of Federal Old Age and Survivors Insurance and Federal Disability Insurance Trust Funds (OASDI), otherwise known as Social Security. Every year the Trustees warn Congress that something must be done, and every year Congress kicks it down the road. Fixing the system will be painful, but in our opinion, something must be done. The longer it takes to correct the system, the worse the problem gets.

Income still higher than expenditures – for now
Total expenditures in 2016 were $922 billion, while total income was $957 billion: the surplus for the year was $35 billion. Asset reserves held in special issue U.S. Treasury securities continued to grow. Social Security’s total income is projected to exceed its total cost through 2021, as it has for every year since 1982.

Interest income not enough to cover program cost deficit
The Trustees project that interest income, which was $88 billion in 2016, is shrinking every year. Up to this point it has helped cover the deficit of expenses over contributions paid in. As interest income declines, however, the total surpluses will turn to (more…)

Posted by Admin on August 15th, 2017

Latest Survey: Do You Plan on Selling Your Home, Downsize, and Move?

Category: Retirement Planning

August 14, 2017 — Whenever baby boomers get together there is always one guaranteed topic of conversation – what are your retirement plans? Here is your chance to share your plans (and actions!) and compare them with what others in the Topretirements.com community are thinking about. Our latest survey is an update on one in 2013 that brought in a phenomenal response. The new survey is “Selling Your Home, Retirement Preparation, and Where You Will Move“.

Please take this quick survey now. We promise to summarize the responses in detail in a coming Blog and newsletter article, along with a comparison to how our Members answered back in 2013.

TAKE THE SURVEY NOW!

Thanks

Posted by Admin on August 14th, 2017

An Architectural Gem, And Everything You Might Want in a Place to Retire

Category: Best Retirement Towns and States

August 8, 2017 — Would this checklist for a great place to retire work for you?
– All public buildings have world class modern architecture – Triple check!
– Plenty of parks and open spaces – double check!
– Community-minded town with extremely active library, senior center, recreation – triple check!
– Public art is all around – check!
– Home prices must be below national median – check!
– Walkable, interesting downtown – check!

We are talking about the fascinating town of Columbus, Indiana – just south of Indianapolis with a population of 45,000. On our recent two day visit your Topretirments editor was blown away by what a great place to live and retire this is. Yet when we mention it to people of no little sophistication, they say, Columbus….Indiana …. never heard of it. This is your opportunity to learn more.

It all started
Columbus is known for being the home of Cummins, Inc., the Fortune 500 corporation started in 1919 that designs, manufactures, and (more…)

Posted by Admin on August 8th, 2017

Are There Big Differences in West Coast vs. East Coast 55+ Communities?

Category: Active adult communities

August 2, 2017 — Last week we reported that for the first time ever, 2 towns in the Western part of the U.S. came out at the top of our “100 Most Popular Places to Retire List for 2017“. We found that to be pretty big news, particularly since: a) more people live in the Eastern part of the U.S. (58% in 2011), and b) we assume that more folks in the East consider migrating in retirement because their winter weather is worse. 2017’s winners could be a one year anomaly, or it is possible it is part of a long term trend – we are not sure.

That question brings up another aspect of the East vs. West retirement issue. We have long had an assumption, not supported by any data, that the the two parts of the country have quite different types of active adult and 55+ communities. This article will explore that question. But beyond our speculations on the topic, we are really hoping for input from our Members who have spent time visiting or researching active communities in different (more…)

Posted by Admin on August 2nd, 2017