Posts with tag baby boomers

Boomer Markets: Retiree Havens See Steep Price Cuts

Even if you're a decade or more away from quitting time, you may be thinking about buying a retirement home right now. The prices for condos in popular retirement areas like Napa, Calif., and Naples, Fla., have come down 44 percent or more since the boom, substantially more than the average 32 percent that home prices... Continue Reading »

Survey: Most Boomers Would Cover Kids' Down Payment

Baby boomers may be in a better position than most to buy homes, but not before helping Junior out of a bind. A national survey found that at least two-thirds of boomers age 45 and up want to help their children or grandchildren with a home down payment. The study, conducted by Meredith Research Solutions for Better Homes... Continue Reading »

Poll: Baby Boomers Willing But Unable to Move

WASHINGTON -- As baby boomers look ahead to retirement, they'd prefer a home that is affordable, accessible to medical care and close to family. But an Associated Press-LifeGoesStrong.com poll finds that amid a shaky economy, few think it's likely they'll move in retirement. Shelley Wernholm, a 47-year-old single mother... Continue Reading »

VIDEO: When Does It Make Sense to Pay Off Your Mortgage?

Paul, 62, is like a lot of people near retirement: He wants a safe place to invest his money. But the interest rates on savings accounts barely keep up with inflation. Would it make sense to pay off a mortgage instead? In this week's installment of "Money & Happiness" DailyFinance's Laura Rowley reports on the three... Continue Reading »

Younger Boomers Trading Up, Older Boomers Staying Put

It's not your grandma's housing market anymore -- a fact that baby boomers are dealing with in very different ways, according to a new report. Coldwell Banker released a survey that throws a wrench in the notion that all boomers belong to one homogeneous group. The results show that younger baby boomers are far more keen... Continue Reading »

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