Found 3 blog entries tagged as retirement.

Retirement Living in Southern DelawareAs you near the end of a long and profitable employment, you should be looking forward to enjoying the fruits of your labor in retirement. But where you retire makes a huge difference in how much is left for you to enjoy.

That’s why you owe it to yourself to look at Coastal Delaware, which has a tax system structured with “NO,” as in:

  • NO sales tax
  • NO personal property tax
  • NO inheritance tax, just for starters.

Tom Brokaw Reports that Rehoboth Beach, Delaware, is one of the top retirement destinations in the country not only because of its retiree-friendly economics, but because of the natural beauty of the coast and abundant entertainment: “The beaches feature dolphins throughout the summer months, a mile-long boardwalk and more than 70…

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when-does-a-reverse-mortgage-make-senseEveryone sees those TV commercials featuring sincere celebrities pitching reverse mortgages. If you are 62 or older, chances are you’re also subjected to glossy mailers (and even DVDs!) that show up in your mailbox at regular intervals.

Latest stats show that approximately 83% of baby boomers plan to stay in their homes during retirement. That may be why some Coastal Delaware homeowners who have built equity in their homes may be paying attention.

You can’t blame them if they have one overriding question -- is this some kind of scam?

Essentially, a reverse mortgage is just one way to tap into a home’s equity regardless of the owner’s credit score or income. Under a reverse mortgage, borrowers receive a monthly payment, line of credit, or lump sum.…

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RetirementYou don’t have to be on the verge of retirement to begin thinking about the nuts and bolts of your future living arrangements. There is more to it than just adjusting your monthly budget. For many people who are winding up their full-time working lives, a governing decision – one that will affect countless others – is whether to buy a home, continue in one you already own, or to rent.

If it has been years since you’ve even thought about the buy a home vs. rent decision, writing up a list of the current tradeoffs isn’t a bad idea. There are many dimensions to consider, but in the financial area, some bullet points on that list:Some retirees view shedding home ownership as a stress-reliever. If they decide to migrate -- whether to a milder climate or to…

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