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Cruise through Retirement – Literally!

September 15th, 2006

What if you could sail the seven seas and never leave your house? Imagine having a home in dozens of countries! If this intrigues you, consider The World of ResidenSea. The World is a 44,000-ton Norwegian-built, 12-story luxury ship that has a crew of 250, about 200 residents and guests, and 165 one-to-three room apartments and studios. The cost of a home on The World ranges from around $850,000 to $6.3 million (not counting maintenance fees), and the ship has all the amenities of a gated community – including a Country Club! The World had its maiden cruise in March 2002, and travels the globe,... Read More

What is a CCRC?

August 1st, 2006

If you\’re looking to make only one move that will provide for whatever care needs may develop, a CCRC (Continuing Care Retirement Community) may fit the bill. A CCRC offers a continuum of care and allows you to “age in place” – you can transition from independent living to assisted living to nursing care (some accommodate Alzheimer\’s residents), all within the same facility or on the same “campus.” A variety of housing options is usually available, and there is often a community dining area. If your goal is to remain in the same geographic area, the sizable number of these... Read More

Retirement and Working: It’s Not a Contradiction!

July 1st, 2006

Will you work after leaving your primary career? If the answer is yes, you will be in good company – an AARP survey reports that 80% of boomers plan to work full or part time after retirement. Finances are the biggest reason, but over one-third of those surveyed cited enjoyment of work as a factor, and doing something different enticed an additional five percent. There are a number of options for working during the second half of your life. Let’s look at several areas beyond the usual greeter, retailer, cashier, food preparer, and server positions. To begin, let’s look at the... Read More

To Relocate or Not to Relocate: That is the Qu

June 1st, 2006

Should you consider moving when you retire? According to a 2005 Pulte survey, more than half of boomers plan to pick up stakes when they retire. Will you be one of them? Complete the following questionnaire to find out if you could be a candidate for relocating. If you have a significant other, he/she should also complete this quiz. 1. Do you have a significant other? a. Yes b. No 2. How is your physical health? a. Never felt better b. More good days than bad c. Physician on speed-dial 3. How is your financial health? a. Rolling in dough b. Enough (even though I would like more) c. Thank... Read More

Retirement and the Single Woman

May 1st, 2006

Are there unique factors to consider if you\’re a single, female retiree? The answer is yes. Even if you\’re part of a couple now, remember that divorce, death, or the break-up with a significant other can change your status. Since women live an average of seven years longer than men, your chances of being single at some point are considerable. So, let\’s take a look at some areas you may want to think about if you\’re single now, or may be single in the future: Psychology. On the plus side, if you\’re single you only have yourself to consider when making many life... Read More

Retirement and Universal Design

April 6th, 2006

When you retire from your primary career, will you relocate? More than 50 percent of homeowners between the ages of 45 to 64 plan to pack up and move entirely, purchase a second home, or buy an investment property, according to the National Association of Home Builders. With almost 77 million Boomers marching toward retirement, there will be lots of moving vans rumbling down the streets! But, whether you stay put, buy new, purchase a resale, rent, or remodel, you should know about a concept called “universal design.” According to the Center for Universal Design, the intent is “the design of... Read More

The New Retirement – Trying a Place for “Fit”

March 6th, 2006

What if you\’ve decided you\’re among the 50 percent of Boomers who say they are planning to relocate after they retire, and, after doing some investigating, you\’ve narrowed your list of locations to several possibilities. Of course, there really is no perfect place, but there are likely many locations that will mesh with your priorities. Remember, too, that moving doesn\’t have to be a permanent decision – you may decide you want to live in a place for several years, and then relocate again. Now, assuming you\’ve done your homework and narrowed your list to several... Read More

What is the New Retirement?

February 1st, 2006

Retirement (n): removal or withdrawal from service, office, or business; withdrawal into privacy or seclusion. WRONG! With apologies to Webster\’s Dictionary, this is no longer your father\’s (or mother\’s) retirement. Today\’s retirees, and those approaching retirement, differ from their parents in a number of important ways. Baby boomers (those born between 1946 and 1964) are living longer, perhaps spending 30 or more years in retirement. As a group, they are healthier, more active physically and mentally, more affluent, more educated, and more likely to relocate after... Read More