10 tax-friendly places for early retirement

By Stacy Rapacon
Posted on April 06, 2021

Retiring at a relatively younger age may mean needing to stretch your nest egg further. One way to do that is to find the right retirement destination. Where you live makes a big impact on your budget, as it helps determine your living costs, tax bills and income opportunities. Even if you retire, you may actually want to keep working a bit — whether to help pad your budget, pursue... READ MORE

D.C. Housing Notes – April 2021

By Catherine Brown
Posted on April 01, 2021

Affordable/luxury assisted living opens in D.C. This month, Livingston Place at Southern, a 152-unit luxury assisted living community, will open in D.C.’s Ward 8, offering housing for residents 60 and older who require assistance with daily living activities and have low to moderate incomes. Gina Latture, Livingston Place’s director of sales and marketing, grew up in Ward 8 and is... READ MORE

A caring home for those with disabilities

By Margaret Foster
Posted on March 31, 2021

Carol A., a mother of an adult child with autism, worries about her son’s future. “After my husband’s cancer passing, I am often in private anguish about what will happen to my sweet son if anything happens to me,” she said. Parents of adult children with intellectual or developmental disabilities (I/DD) must plan ahead to secure a reliable, caring home for their children, who ... READ MORE

Sell the house, toss the junk and travel

By Raphael Nolan
Posted on March 23, 2021

Five years ago, my wife and I — then in our 60s and recently retired — sold our home in Connecticut and embarked on a worldwide adventure as nomads. To date, we have been to 36 countries on five continents. Our dream turned into a reality that has exceeded our wildest expectations. We did it. You can do it, too. During our 45 years of marriage, we enjoyed traveling, adventure and... READ MORE

Golf community life

By Eric Butterman
Posted on March 22, 2021

Many retirees dream of a home in a golf course community, where connecting a shiny driver with a perfectly dimpled ball on a lush, green fairway is just another day in paradise. But a golf club membership isn’t a given at these communities and sometimes comes with hefty fees. When you buy a house in a golf community, it pays to understand exactly what you’re getting. Some golf... READ MORE

Reverse mortgage can be a financial tool

By Patricia Mertz Esswein
Posted on March 19, 2021

Note: This story picks up where our January Housing Options feature, “Tap into a home’s value with refi or loan” ended, with a reference to reverse mortgages. Over the past several years, reverse mortgages have begun to overcome a somewhat tarnished reputation through product changes and additional requirements for financial assessment that have corrected some potentially... READ MORE

Make your bathrooms safer, easier to use

By Jim Miller
Posted on March 18, 2021

Dear Savvy Senior, What tips can you recommend for making a bathroom senior-friendly? My 78-year-old mother has mobility problems, and she fell getting out of the bathtub last month. I’d like to modify her bathroom with some safety features that can help keep her safe. —Concerned Daughter Dear Concerned, Great question! Because more accidents and injuries happen in the... READ MORE

Retire to a room of one’s own at the kids’

By Patricia Mertz Esswein
Posted on March 16, 2021

When Cary Childre, 65, of Athens, Georgia, considered moving closer to her daughter, Eva Maudlin, of Decatur, an Atlanta suburb, she realized she couldn’t afford to buy “much of anything.” So, Maudlin, 31, researched building a cottage in her own backyard. In October, they made a deposit on a Craftsman-style design by a local architect who will manage the project from permits ... READ MORE

Whether to move to a senior community

By Glenda C. Booth
Posted on March 15, 2021

With so many senior housing options available today, deciding where to live — and whether to move at all — can be an agonizing exercise for some. For others, there is no decision to make: They want to stay put in the home they’ve known for years. But some older adults find they need support, or they long for a more active social life and prepared meals. Others are ready to stop... READ MORE

D.C. Housing Notes January 2021

By Margaret Foster
Posted on January 08, 2021

Find the perfect housemate Looking for an affordable place to live? Or perhaps you have an extra room you’d like to rent? Montgomery County, Maryland, just made finding (or renting) a long-term, affordable home a little easier. The county teamed up with a nonprofit called Housing Initiative Partnership (HIP), a local housing developer and counseling agency, to launch a Home Sharing... READ MORE