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Have you ever wondered why an old, worn-out car does not have the same value as a brand-new one? The same principle also applies in real estate, called rental property depreciation. As a real estate i...
With the real estate industry finally lowering commission rates after August 17, 2024, a battle is brewing among brokerages and agents to win business. For example, Sotheby's has decided to charge 2% ...
Younger generations sometimes face an uphill battle to buy their first home. Here’s how to decide if you can help — or if you should....
I recently received an email from an agent at Sotheby’s, a prominent real estate brokerage with 1,115 offices located in 84 countries and territories worldwide, and I thought it was worth sharin...
Home robots have been a futuristic fantasy, but advances in robotics and AI are converging with global aging. Tomorrow’s retirement plan might include a humanoid robot....
If you want to increase your income, telemedicine can be a viable option, and it can be done from the comfort of home. Here's what to know. The post The Wonders of Telemedicine for a Doctor appeared f...
Watch a free clip from the “Estate Planning in Your Retirement” online course to learn: The 4 essential questions that can help you determine if you need a trust or […] The post Do ...
As a Chartered Financial Analyst with over 20 years of experience in real estate investing and financial services, I’ve seen firsthand the financial advantages of owning a home versus renting. I...
It’s hard to know how much house you can afford. Actually it’s easy to know how much house you can afford. It’s hard to know how much house you should afford. The McDonald’s Pr...
Traditional planning for the cost of long-term care doesn't reflect the realities of what the costs are and how they'll be paid....
Many couples trust each other and have shared goals for retirement, but more than half have yet to put an estate plan in place....
Recently, we have had to do some renovations, and it got me thinking about the balance of FIRE and how ... Read more...
A planned senior care facility next to the Pro Football Hall of Fame was trumpeted a decade ago. Today, no such place exists and the idea seems to have been dropped....
Many of us secured historically low mortgage rates for our homes in the past decade. We now find ourselves content with a 4% rate or better as our home values continue to rise. Our family refinanced t...
Bennett's daughters are suing their brother over the family trust, which could have been avoided had Bennett done some things differently....
Real estate is a vast field with countless niches, making it challenging to determine where to start. When I was a teenager, I used to go to the library and read books on real estate. I also stalked t...
I retired to Pennsylvania because we had some family in the area, the cost of living is less than our old home in metropolitan New York, the winters are a little warmer, and it's not so far away that ...
Here are eight reasons why your kids should be involved with your estate planning meetings (and one potential downside to it). The post Why You Should Bring Your Kids into Your Estate Planning Meeting...
Hey everyone! I’m heading home later this week. Woohoo! I’ve been away for almost 6 weeks and am anxious to get home. Travel is fun, but I’m completely worn out. ... Read more The po...
Here are eight things you can do to help protect your family....
Imagine a financial strategy that can lower your monthly mortgage payments, save you thousands in interest, and bring you closer to the dream of early retirement. Mortgage recasting is a powerful tool...
Supreme Court Loper case affects your estate plan. You might file a claim for refund or amended return. IRS Regulations not mandated by Congress may be challenged....
Are big changes in tax laws coming soon? Not likely, but you might want to take advantage of higher estate and gift tax exemptions well before the end of 2025....
Estate planning for millionaires and high-net-worth families is a serious business. Set up your team, paperwork and tax plan to pass down wealth....
One in four 20-somethings in the Boston metropolitan area said in a recent survey that they are planning to quit urban life. Their biggest reason: high housing costs. South Carolina, on the other hand...
Can your children or other loved ones be trusted to have unfettered control over substantial assets and cash?...
Caregiver’s Guide to Smart Home Tech...
Estate planning is critical to ensure heirs don't get hit with millions in estate taxes after you die. You can also protect your digital assets from litigation....
I have been retired for two years. I am very blessed financially. Not to the level of having that beach house but we don’t have any worries for our needs. We use debit card for everyday purchase...
Before you start packing, you might want to check out the potential impacts on your taxes, investments, retirement planning and estate planning....
During a recent liquidity crunch, I kept thinking how nice it would be to have more cash sitting in my bank account. Once I received a $106,000 real estate capital distribution, I felt a tremendous re...
Husband and I are planning to retire in a little over 2 years. Planning to sell current house and buy a little land, downsize by building a smaller house (not tiny) but enough for 2 people. While we a...
Shortly after retiring last September, I took a part-time job and then took on a consulting gig for half-time and six months, mostly to get me out of the house and to learn something new. I loved bein...
These affordable warm-weather cities for snowbirds offer plenty of housing options, abundant activities for retirees and access to good health care....
As we approach the second half of 2024, the commercial real estate (CRE) landscape is poised for strategic investment opportunities. ... Read more...
Like any other part of a comprehensive financial plan, there's no one-size-fits-all blueprint for an estate plan. Every person is different. Every family is different. And, as illustrated in a recent ...
My husband and I are currently 5 years out from our retirement date and are renting our home. We considered buying around 2019 but didn't and now the housing market is dreadful, especially where we li...
A real life story of a wealthy man who had extensive real estate investments but could not manage them as he aged with cognitive decline....
Investing in a real estate syndication can be a smart move and has generally been an excellent investment with the ... Read more...
LGBTQ+ considerations should be addressed routinely in estate planning. Definitions of children and descendants should contemplate surrogacy and adoption, and more....
A large part of building wealth involves delaying gratification. Therefore, you might find yourself wondering whether to buy your dream home now or wait for a better price. But what if you wait too lo...
If you bought a home during a high-interest rate environment, it's wise to prepare for either a mortgage refinance or a recast. Interest rates have been gradually coming down since their highs of 2022...
Have you ever dreamed of living in Italy? Tuscany is paying new residents to purchase and renovate a home. But you need to move fast....
It is one of things I know I need to do, have some done, but keep putting off completing - yes estate planning. Luckily we have estate a section in our wiki https://www.reddit.com/r/retirement/wiki/in...
This project is on my retirement to-do list. I had several early 1960s home movies digitized. The camera person wasn't the best, so the finished product has a lot of unwatchable footage. So, I would r...
![12 LEGIT Online Side Hustles in 2024 [$25+/hr]](/postImages/postImage8676.png)
Making money from the comfort of your home is the dream. Work whenever you want, wherever you want, and even in your pajamas if that’s your jam. But with a rise in online side hustle scams, it&r...
Hey everyone! I hope you had a great Father’s Day weekend. I had a relaxing Father’s Day at home. Mrs. RB40 got me a retro Snoopy T-shirt from the Charles M. Schulz Museum store. It’...
Details about smart phones, online accounts and more need to be part of your estate plan to avoid big problems for your loved ones....