The agony and ecstasy of living in a Pod

By: Neale Godfrey  

[Editor’s note: If cohousing is not for you, or you don’t want to wait for Baltimore’s proposed cohousing community to become reality, consider this more individualized option.] I have been writing about a new way of living in retirement: Pods. Why? Because according to Northwestern Mutual’ s 2018 Planning & Progress Study, 21 percent of Americans have nothing saved at all... READ MORE

Medicare to offer some in-home support

By: Ricardo Alonso-Zaldivar

Medicare is experimenting with a new direction in healthcare. Starting this year, Medicare beneficiaries in many states will be able to get additional services — such as help with chores and respite for caregivers — through private Medicare Advantage insurance plans. There’s a growing recognition that such practical help can have a meaningful impact on patients’ well-being, and... READ MORE

A glut of area homes when boomers sell?

By: Barbara Ruben

A George Mason University report predicts that some baby boomer homeowners in the Washington region who try to sell soon may have trouble getting the price they want. The report, released last summer by the university’s Stephen S. Fuller Institute for Research on the Washington Region’s Economic Future, points out that people have been predicting a nationwide housing sell-off tied to ... READ MORE

D.C. Housing Notes – January 2019

By: Barbara Ruben and Rebekah Alcalde

Homecare company celebrates 50 years In the fall, Silver Spring, Md.-based Family & Nursing Care celebrated half a century in business with an office move, expansion of service area, and leadership transition. The company, which provides private duty home care services for older adults, is expanding its service area to include Anne Arundel and Howard Counties, in addition to the... READ MORE

Many reasons to consider a home share

By: Stuart Rosenthal

Julie, 56, lives alone in a nice home. But due to some health issues and high medicine costs, she needed to bring in some income. The Sepulvedas, a couple in their 40s with two young children, wanted some help with cooking, cleaning and caregiving, and were willing to provide reduced-cost housing in their basement for the right person. Cathryn and her sister were worried about their... READ MORE

Is it smart to pay off your house early?

By: Mary Kane

Colette Leavitt faced a difficult financial decision a few years ago, as she approached her 60s. She originally planned to retire early, at age 62, with her mortgage paid off. She would be free and clear of the financial burden of monthly payments. “It would open up some income to do things for enjoyment, as opposed to obligation,” said Leavitt, of Hooksett, N.H. But in the end,... READ MORE