Moving and Retirement

Claims costs generally grew from 2014 to 2017, but selected issuers sometimes experienced wide swings in costs from year to year. Most issuers attributed the volatility in costs, in part, to large changes in the number and health of enrollees each year. Average monthly claims costs varied significantly across issuers in the same state. For selected issuers, differences in per member per month claims costs within a given state were often more than $100 — significant given that median per member per month claims costs were about $300. Selected issuers also varied significantly in their decisions to expand or reduce their participation in the exchanges and make changes to premiums and plan design. more »

While it is certainly admirable to pay off your mortgage before you retire, our experience is that retirees and pre-retirees over-estimate the impact. In today’s world of low mortgage rates, paying off the last $100,000 of your mortgage, may free up cash flow, but isn’t saving you much in interest cost. You are still left with paying insurance, and property taxes, which will continue to go up. If you consider the fact that the IRS allows for a building to depreciate over 27.5 years, it stands to reason that you may need to almost completely replace your home over 25-40 years. And if you are banking on your home to pay long-term care costs or for a move to a more elderly friendly environment, you might be disappointed in what you get. more »

“Many states have seen fewer births and more deaths in recent years,” said Sandra Johnson, a demographer/statistician in the Population Division of the Census Bureau. “If those states are not gaining from either domestic or international migration they will experience either low population growth or outright decline.” Nationally, natural increase (the excess of births over deaths) was 1.04 million last year, reflecting 3,855,500 births and 2,814,013 deaths. With fewer births in recent years and the number of deaths increasing, natural increase has declined steadily over the past decade. In 2008, natural increase was nearly 1.8 million (based on National Center for Health Statistics data). more »

As I'd watch each [friend] enter her kitchen, pull a mug from a cabinet, and pour her hot drink, I felt as if I had been reunited with a long-lost sister. But it wasn't DNA that matched us, simply years of traveling together through life's joys and sorrows. A trio of these friends had known me through first marriage and divorce, and all cleaved to me through my second husband's illness and death. We'd bring each other up-to-date on the goings on during the nearly five months since I departed from my longtime home. And even though I chat frequently with these friends, and view Facebook status reports, these early morning kitchen conversations were as precious as an heirloom. more »