housing issues affecting the baby boomer generation

Home Equity Options for Age-Ready Living

By Reese Fayde / March 25, 2024 /

As promised in my last blog, this week I’m going to give an overview of the fourth booklet in the “Housing Decision Guides” series from the Consumer Financial Protection Bureau (CFPB). “Using home equity to meet financial needs” discusses four ways to capture and use the accumulated equity in a home. Most importantly, it gives…

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Major Life Changes and Housing Decisions

By Reese Fayde / March 12, 2024 /

Losing a spouse or partner is one of the most difficult times of life. It’s important to take time to grieve your loss before making big decisions. But when you’re ready, it’s important to examine where and how you’re living in order to determine what might be best in the future. The third publication in…

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Passing Down the Ol’ Family Home

By Reese Fayde / March 5, 2024 /

A dream shared by many Baby Boomers is being able to pass down the family home or vacation property to their children or other loved ones. There are several different methods for achieving this goal, some easy, some more complicated. The Consumer Financial Protection Bureau (CFPB) introduced in last week’s blog, is a U.S. government…

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Independence and Health Concerns: Not Mutually Exclusive!

By Reese Fayde / February 26, 2024 /

I’ve devoted several blogs to ways to anticipate living arrangements that are “age ready,” from the installation of additional lighting and handrails to technological innovations that assist aging in place. Today, I’m starting a series on topics that the Consumer Financial Protection Bureau (CFPB) calls Housing Decision Guides. When Government is a Welcomed Partner You…

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