Housing and Home Equity

Find insights below whether you are a first time home buyer (it can be one of the smartest decisions you’ll ever make) or are looking to downsize for retirement or perhaps even buy a vacation home.

Housing is most people’s biggest expense. And, if you own your home, it is likely your largest asset. Your home equity is the value of your home minus your mortgage balance and any other debts secured by the home. This value can be used strategically to improve your financial situation over the long term.

Your home is also a big factor for your happiness. Where you live determines a lot about your life.

Besides the financial considerations of housing, there are obviously a lot of lifestyle factors. Here are all the resources you need for finding your best place place to retire.

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co housing

Expert Interview Series: The Advantages of Cohousing

Have you ever heard the term “cohousing” and wondered what it means? If you’re preparing for retirement, or if you’re just looking for a change of scenery, cohousing might be right up your alley. And you might even be able to make new friends in the process. For more information about the advantages of cohousing, […]

July 3, 2020

Most Retirees Think That Staying Put is the Right Move for Retirement

Do thoughts of retirement conjure up images of a moving truck and boxes? Does this image sound stressful? If staying put sounds more appealing, you may be like many Americans approaching retirement age who say they actually wish to remain in the same home–or the same area–where they have lived their adult years. “Sometimes it […]

July 1, 2020
senior women

Single? Female? Retired? In Search of Roommate? Expert Interview with Golden Girls Network About Shared Living

Do you remember the TV show “The Golden Girls?” Four silver-haired ladies, sharing a household, lending strength, support, and ultimately friendship to one another? Have you ever considered a living situation like that for yourself? This interview was originally conducted in 2015 and has been updated where necessary for 2020. Living in shared housing with […]

June 25, 2020

Retirement Relocation Checklist: Where to Retire Quiz and Other Tips

Roughly 10,000 baby boomers turn 65 each day. Where to retire is a big question for this huge cohort of Americans. It can be an overwhelming decision. Hopefully this retirement relocation checklist and guide to where to retire quiz can help you make a happy decision. There are a lot of factors to consider. Maybe […]

June 16, 2020
retirement destination

Three Ways to Afford the Fastest Growing Retirement Destinations

If you’re one of the thousands of Americans approaching retirement, one of your top concerns is probably when to retire. But an accompanying question is where to retire. Realtor.com crunched the numbers and identified the fastest growing retirement destinations. The fastest growing retirement destinations might not be the best place to retire or the best […]

March 20, 2019
CCRC continuing care retirement community

55+ Communities: What Are Continuing Care Retirement Communities?

The decision to relocate in retirement is huge — especially since you literally have a world of options. You can retire anywhere and into a wide variety of housing types. Live and travel in an RV. Buy a big beach side home. Relocate abroad to financial or lifestyle reasons. Downsize to a small apartment. Buy […]

February 7, 2019

Winter Got You Down? Make a Sunnier Climate a Retirement Reality

Rain. Snow. Sleet. Cold. Once the coziness of winter holidays passes, dark weather can weigh heavily on our psyches.  However, when you retire, you have more freedom to seek and enjoy sunnier or more temperate climates. What’s holding you back? Here are nine tips, tricks and things to consider when thinking about a warmer location […]

January 15, 2019
best places to retire

Margaritaville and Other Best Places to Retire…

There is no shortage of lists and articles about the best places to retire.  These lists are fun.  However, they sometimes feel random and not all that practical or useful for figuring out where to spend this phase of your life. For example, did you know that Jimmy Buffett is opening “Margaritaville” — a real […]

March 30, 2017

7 Tips to Help People Who Are Retired Stay in Their Homes Longer

Nine in 10 older Americans want to remain in their own homes as they get older. But most people aren’t planning ahead when it comes to making sure their houses are equipped to provide their desired lifestyle in retirement, research shows.In fact, while 96% of Americans age 50 to 80 say it’s important to be […]

January 31, 2017
worst places to retire

Here Are the Best and Worst Places to Retire — 2016

If you’re thinking about moving to a new location to retire, whether it is to be closer to your family or to downsize, the verdict is in on the best and worst places to retire this year, according to new findings from Bankrate. The ranking is based on the cost of living, cost and quality […]

August 18, 2016
cheapest places to retire

The Cheapest Places to Retire

In the years leading up to retirement, people often ask themselves, “When should I retire?” As retirement becomes a closer reality, the question turns to “Where should I retire?” And then, as financial anxiety sets in you might ask, “Where are the cheapest places to retire?” There are many different affordable retirement destinations.There are numerous […]

April 27, 2016
Retirement

Thought Leader Series: 5 Reasons the Southwest Is a Great Place to Retire

Work is part of life, and many people spend the majority of theirs either working or commuting to and from their workplace. The typical sequence of event is: support a family, become a homeowner, and, eventually, retire. On average, people retire between the ages of 55 and 65 – and we currently have an average […]

July 30, 2015
Retirement

Expert Interview with Kathleen Peddicord About Living and Investing Overseas During Retirement

One of the biggest financial concerns Americans have today is whether they’ll be able to afford retirement. According to a 2014 Gallup poll, 59 percent of Americans rate having enough money for retirement as their top financial worry. Fortunately, there are options for those who fret about budgets. Retiring overseas can mean a better living […]

July 28, 2015

Retirement Housing: Renovate or Relocate?

Retirement is supposed to be all about rest and relaxation, but lately the term “R&R” has taken a new meaning for retirees thinking about their living situations during their non-working years: Renovate or Relocate? Whether you are planning to take on a home improvement project or thinking about packing everything up and shipping out to […]

July 15, 2015
Downsizing home

Downsizing Your Home for Retirement: To Sell or Not Sell?

Many people approaching retirement are left to decide if they should sell their home or stay put. This decision is an important one as housing often makes up about 30% of retirement expenses. For some people, selling the house is a necessary way to help fund their lifestyle in retirement. For others, keeping the home […]

April 28, 2015
Retirement living

Expert Interview with Dan Hutson About Retirement Community Living

Many people assume that getting older is a drag but be.group disagrees. The California-based senior living company is unapologetically optimistic about aging. As one of the state’s largest nonprofit providers of senior living communities, be.group serves nearly 4,000 older adults in seven licensed senior living communities and 26 very-low-income senior housing communities. be.group’s communities vary […]

April 3, 2015
Retire

Where Should I Retire to? 6 Questions to Ask Yourself

You’ve probably seen endless articles with lists of the best places to retire. These rankings often change as home prices and cost of living fluctuates. Though these might be a good place to start your search, the truth is, choosing a location to retire to is an extremely personal decision that depends on a number […]

March 3, 2015

The Best Place to Retire? Why Boomers Are Staying at Home

It’s a largely held belief that baby boomers are downsizing, seeking to trade in their suburban single-family homes for urban multi-family residences when they approach retirement as “empty-nesters.” However, that’s not always the case. While this cohort is experiencing a number of life transitions, one key metric of boomer housing consumption hasn’t changed: the proportion […]

February 9, 2015

The Best Retirement Cities: Move Here to Live and Age Well

There are hundreds of places across the country where you can choose to live when you’ve finally saved enough and are ready to retire, but some areas are better for your retirement than others, regardless of whether you’re into urban city living or small town peace and quiet. The Best Cities for Successful Aging, a […]

January 15, 2015

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