WBZ's Money Matters with Dee Lee

Tuesday June 24, 2008 - Retirement Realties: Retirement for One

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Play from 0:22[0:22] ..." other by your side for the adventure. In the SEC for the retirement communities have grain couples playing sports or exercising together under realistic scenario. Fidelity Investments has wised up and they feature single individuals and their retirements from the you know that's more than norm. Many individuals we"...

Play from 1:08[1:08] ..." disadvantaged Harrelson Anthony -- not earned as much as men corny to ARP for current retirees over 6544% of the men receive pensions. Only 26% of the women do but half by half. Women have been single all"...

Play from 0:00[0:00]" We are looking at retirement realities here on WBZ news radio 1030 with certified financial -- deeply. Who joins us every day at the -- and today we're looking at a new retirement reality all too real. And that's retirement for war."

Play from 0:15[0:15]" Latino everything you read are retiring. It's all of that traveling into the sunset as a couple with your significant other by your side for the adventure. In the SEC for the retirement communities have grain couples playing sports or exercising together under realistic scenario. Fidelity Investments has wised up and they feature single individuals and their retirements from the you know that's more than norm. Many individuals we riding off into that retirement sunsets soul. And may be due to divorce widow who -- the fact that they never married semi 5% of men age 65 or over are married and live with their spouse. Only 45% of women over 65 are married and living with their spouse only 45 -- 45%. And women outlive men by an average of five years so spending all -- part of retirement alone is something a woman should plan for. Women are disadvantaged Harrelson Anthony -- not earned as much as men corny to ARP for current retirees over 6544% of the men receive pensions. Only 26% of the women do but half by half. Women have been single all other allies actually fair better on a pension issue. But it had longer to prepare for retirement than a woman who may have been married in -- now the job market the most likely to work longer -- actually. So if you've been single all of your life you may have built a support system. But if you're suddenly single you have to start thinking about building a support system for yourself as you go into retirement a solo. Now you want to just an extra planning here are you -- responsible for your elderly parents sue your parents and discuss those expectations this generation of boomers. Is the first to join their parents in retirement and if you are. The only person who's going to be taking care of your parents you've got to think about yourself and them in May limit where you can live exactly and now also think about housing. Com living alone may have suited you but you may want communal living as she Goldie -- live with a sibling humanely than a townhouse. As you heading into retirement as a solo you've got to do some really good planning okay."

Play from 2:19[2:19]" Excellent ideas check the website for all of these ideas wbz1030.com more on retirement realities with immediately tomorrow here on WBZ news radio 1030"

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[0:14]..." Massachusetts residents belongs to the over the hill gang according to the attorney general's website. And then numbers only going to increase as the boomers age and truly it's a myth that meal and moved to Florida north airliner Arizona. I don't think everybody wants to -- I don't think many people want to move to Florida right now they have water problems hurricane problems. Insurance problem Cyprus they think it's is going to -- But that aside. I'm not gunpoint. So how do you manage sustain your own home in your community see your close to support system. For starters would you consider downsizing and moving into smaller house -- you can grow old -- What about -- plus 55 communities are sprouting up all over New England. You can owning your own home or townhouse. Could be gated community with a golf course maybe recreational center a cooler restaurants. The all have rules about such things -- christmas lights grandchildren and dogs. Kenya retrofit how "...

[1:24]..." Massachusetts the average cost is -- 46000 dollars a year. Naturally occurring retirement communities. -- in new demographic terms used to describe neighborhoods -- buildings in which a large segment of residents are older adults and "...

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Tuesday June 10, 2008 - Father's Day: Alternative Living Arrangements

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10 Jun 2008

Tuesday June 10, 2008 - Father's Day: Alternative Living Arrangements 

What if Dad can no longer maintain his home or comfortably live there because of the stairs or outdated plumbing?

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[1:31]..." there are other options assisted living Independent living facilities are continuing care retirement communities. These are not nursing home facilities these are places that dad can live independently. With his stuff. He brings to stop villas and apartment of his own. And he needs help that's available. The provided dining room he can eat it three times today if he wants and is also a community there is a community so -- a play cards with some magical bowling with. According to Genworth Financial elder care surveyed the average costs and assisted living facility nationwide is 33000 Massachusetts is 46000. And you want to go live in Arkansas I found that it was only 24000 in Arkansas but that's still an awful lot of it can be for some people but if you if they're getting a Social Security check in a pension check you know and if they sell their house they may be able to make it just fine. "...

[0:00]..." Looking toward Father's Day here on WBZ news radio 1030 -- certified financial planner Dee -- and today we're looking at alternative living arrangements. As elderly father's look for places to live. "...

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