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Katrina McHugh

Is a Cruise Ship Retirement Cheaper than Assisted Living?

Sunday Mar 03rd, 2019

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    It might sound like a lark for Mom and Dad to live out their golden years in a hotel, or on a globetrotting cruise ship — but when you calculate the costs and the practical realities, how does it really compare to assisted living? There’s a rumor that’s been making the rounds for years — have you heard it? If you spend your retirement on a cruise ship, or as a permanent resident of the Holiday Inn, it’ll be cheaper and... [read more]

The Ins and Outs of In-Law Suites

Friday Mar 01st, 2019

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Hot housing and rental markets mean people are getting creative with their living situations. We've already talked about the different ways people are buying or renting homes, whether it's pooling resources with friends and family or house hacking. There's also another way: the rise of the in-law suite or “granny flat,” a smaller, often temporary unit that shares the property with the original home, although through a separate entrance. Yes, your... [read more]

Aging In Place - Senior Living Trends

Thursday Dec 01st, 2016

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Senior Living Real Estate Trends When you think about people buying real estate, you might picture the young and upwardly mobile, or the couple ready to start a family. Nearly 80% of seniors own a home though, which makes them an influential demographic in the world of real estate. That will only become more the case in the years to come as the senior population grows at a rapid pace. The choices seniors make about where they want to live are poised to shape a large... [read more]

Are Sell and Leaseback Programs a Good Option for Boomers?

Sunday Oct 15th, 2017

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Rising home prices often mean that real estate forms a top-heavy portion of many seniors’ wealth in retirement. This forces some to tap into their home equity in order to pay the bills and overcome their past failure to save. Until recently, their only choice was a reverse mortgage, a secured loan in which lenders like HomEquity Bank make monthly payments to them, based on the equity that they’ve built up over the years, rather than the other way around. Related... [read more]

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