Is there Extra Income from Real Estate Ventures?

There are pros and cons covered in this article on the wisdom of retirees engaging in real estate ventures. Avoiding certain traps in thinking about property and tenants and not getting too greedy are some of the rules mentioned in the article. The bottom line is investing in real estate can offer opportunities. MoreMary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC

 

10 Ways Not to Appear Old at Work

Once we reach 50 we are, like it not, up against some formidable odds in getting hired. There are perceptions against 50+ co-workers such as being too set in their ways, too near retirement, not enough energy or motivation to learn. Then there is the fact of commanding too high a salary. Here are 10 good tips on avoiding being labeled too old at work. Mary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC

Seniors Find Retirement Myths Paint a Rosy Retiree Lifestyle

The National Institute on Retirement Security estimates in their report, that Americans are at least $6.8 trillion short of what they should have to fund comfortable retirements. The report says baby boomers who are retiring at the rate of 10,000 a day, are finding they are unprepared, with an average of $120,000 saved—not nearly enough to sustain a 30-plus year retirement. MoreMary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC

Seniors Mull Retrofitting their Homes vs. Moving

Retirees are asking themselves today should they renovate their house so that they can stay in their home through the retirement years, move to a condo or even consider a retirement community where they’ll pay a lump sum for all their needs. The emotional connection to our homes makes for a difficult decision to spend a significant amount of money on retrofitting our homes. MoreMary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC

Should you Rent or Buy a Home in Retirement?

It is worth your time to do research and explore all the angles before you jump into buying another home. A good deal of the decision making weighs in on the time you are retiring, home prices along with mortgage rates. Mortgage issues, the economy, housing prices and your financial situation are all intermingled in current volatile economic times. So, estimating your ability to afford a home today may change drastically in your ability to afford that home in 5 to 10 years. Give yourself time to be a retiree before making a decision, …more insights in this Forbes article. Mary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC

Advisors Encourage Diversifying Investments for Moderate Risk Takers

Imagine that your goal is $100,000 annual income in retirement starting at 65. What is the best investment advice to get there?  Three advisors all recommend a diversified portfolio plus much more in this Investor’s Business Daily Retirement Income article. Mary Ann (Mimi) Doucette is President of Doucette Medical Supply, Ltd. aka Doucette Medical Supply, LLC