Rightsizing, or the act of reducing something to make it more efficient, is a great concept to apply to home ownership. After all of the kids are moved out of the house, retirees find themselves in the position of having unused space. This can lead to increased costs in utility bills, property taxes, and maintenance. If rightsizing sounds like an attractive option to you as an empty nester, here are some…

‘I lost my life savings’: Terra Luna cryptocurrency collapses 98% overnight

From: www.independent.co.uk

Users of popular crypto forum fear they will become homeless after wipeout

The price of the Terra (LUNA) cryptocurrency has fallen by more than 99 per cent, wiping out the fortunes of crypto investors.

By Mary Shannon

The job market has fluctuated quite a bit in the past year, with the pandemic making things unstable for just about everyone. As we press forward into a new normal, it’s important to take stock of marketable skills and make meaningful choices that will translate into income. If you’ve recently been laid off or just want to make some extra money, there are several things you can do to make the process…

Do you feel like you’ve been limiting your financial choices in retirement? Even baby boomers with large nest eggs worry about draining their savings. Thankfully, it’s possible to stay relatively frugal while making the most of your golden years. You can find great advice on making your savings work for you on the REAP blog! Furthermore, these tips can help you manage your funds well without limiting your opportunities in retirement.

Refinance Your Home

You…

By Danielle Porter

No matter whom you discuss your retirement plans with, they will tell you that you cannot start planning for your pension too early. While this may not be a big problem for most people who spend their lives paying into the same social security system, expatriates or immigrants who have double residency often have to take matters into their own hands. Here are a few key steps to take…

The Baby Boomer Dilemma

From: AFEA

Greetings REAP Clients,

AFEA, my non-profit group I am affiliated with, has distribution rights for The Baby Boomer Dilemma: An Expose of America’s Retirement Experiment, which are limited until this summer. So, I wanted to highlight its efficacy for you now. Please see the summary below.

– David H. Morgan

The Impact of a Parent’s Death

From: www.nextavenue.org

Even after a long life, there is grief. But sometimes, tension among family members can be resolved.

Marty Galex died in August of this year at the age of 84. He is survived by Bobbie, his wife of 64 years, in significant cognitive decline and living in a memory care unit of a skilled nursing facility in Austin, Texas. The Galex family includes four…

St. Louis by Matt Carpenter

From: The Players’ Tribune

There’s something about home plate at Busch Stadium. It might just look like another batter’s box to you. But it’s different, man. It really is. When I was up to bat, I could feel the rhythm of the park — the heartbeat of a baseball city. On a fall night, 45,000 in the stands, I could feel all of St. Louis right…

By Hazel Bridges

If you’re an older adult who’s just starting to enjoy retirement, you’ve probably taken some time to evaluate your life and where you’re at. A poll by the University of Michigan reported that 80% of questioned seniors felt a strong sense of inner peace. A big part of this overall life satisfaction is linked to the choice of residence or where seniors live out their lives.

This phenomenon is…

8 Things to Know When Choosing a Medicare Plan

From: www.wsj.com

The choices can be confusing, and the fine print is important. But it’s crucial to choose wisely, because it may be hard to change your mind.

When most Americans turn 65, they have three basic options for health coverage: traditional Medicare; Medicare plus supplemental insurance to cover costs that Medicare doesn’t; or Medicare Advantage, a range of managed-care plans.

Making the decision…