Home and Shopping
Aging in Place, Co-Housing, Villages, Alternative Housing for Seniors: Grocery Stores, Grab Bars and 'Golden Girls'
Suburban seniors with less money will need more affordable housing within walking distance of grocery stores and doctors. Local governments may have to help boomers maintain or repair their homes, or else contend with declining property values and tax revenue. more »
Sonya Zalubowski writes: Seafood, seafood, seafood. As if you'd need another reason to want to visit Martha's Vineyard, the small, picturesque island off Massachusetts' Cape Cod. It is nearly inundated by tourists come summer with a population that swells by more than six times to over 100,000. I had the good fortune to visit in mid-May, right before the crowds, to tour the awakening island with chef Christopher Gianfreda who had returned for his seventh season of cooking here. more »
Julia Sneden wrote: It's summer, that season of family vacations and rich contact between grandparents and grandchildren. Herewith, a list of suggestions for those who find themselves racking their brains to remember the kinds of things children like to do. Having taught kindergarten for twenty-five years, I tend toward direct, interactive activities. These days, children get plenty of television, movies, and computer games at home! (But perhaps you should have a bit of technology on hand, just in case you need a break). more »
New York Times and Consumer Reports Articles on Reverse Mortgages and the FHA Proposal to Strengthen Reverse Mortgage Program
"So yes, our retirement savings vehicles ought to be better. Until they are, however, home equity may end up being the biggest asset that many people have to draw on in retirement. That is where reverse mortgages come in for people who use their homes as a primary residence. If you are 62 or older, you can apply to extract some of that equity in a variety of ways, including through a lump sum or a line of credit. Your age, prevailing interest rates and the amount of equity in your home will help lenders determine what you can borrow." NYTimes article more »