Annuity and Paying for Senior Living

How to pay for assisted living is a question that comes up often. Having a background in Real Estate and Financial Services, we recommend senior clients talk to a financial planner.  Often financial planners recommend rolling the money from the sale of a home into an annuity.  Read on to learn how an annuity works and if it is right for you. What is An Annuity? An annuity is a contract between you and an insurance company.  You invest in an annuity and the insurer guarantees to pay you.  The payments are made on a frequency you choose.  You can

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Make Your Nursing Home Near Me Search Easy!

Find a Nursing Home in Northwest Indiana Maybe you’re a caregiver or a spouse of someone who recently fell who needs to recovery at a nursing home.  Or maybe you are a spouse who can no longer care for a loved one.  You are on this page because you entered the search term nursing home near me and most likely you live in Northwest Indiana. Congratulations!  You will find exactly what you need on NWI Seniors.com.  But before you scroll down to the links to nursing homes in Indiana, did you know many people confuse the term nursing home with

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How You Can Finance Your Home Renovation

Outdated kitchen. Overrun backyard. Unusable basement space. If you have a home renovation project on the mind, the first thing you have to consider is how you are going to finance it. Here are the most common options to make your dreams become a reality.     Cash. Paying in cash is the most straightforward financing option, just save until you have enough money to cover the expenses. This will help eliminate spending outside your budget; however, it can also extend your timeline. Mortgage Refinance. If you’ve been making payments on your home for a few years and your interest

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Appliance Lifespans and Costs to Replace (A Worksheet)

Appliance lifespans can be a key factor in helping you budget for the house you’ve got your eye on — or the one you already have.  Here’s a question that’s easy to dismiss when you’re in love with a house and eager to make an offer: How long are its appliances and systems going to last?  Skip that question, and you might regret it.  Because if you end up spending three grand in the first year to replace broken-down appliances, you’re probably going to wish you’d offered $3,000 less. Appliance Cost Worksheet Simply add the year when an appliance was

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What’s Your Home Really Worth?

When you decide to sell your home, you may start online to see what your house is worth.  To your surprise, you see your home value $50,000 above your expectations.  But when you talk with a Realtor®, you’re disappointed to hear your house may not be worth what you saw. You insist your house is worth more because you saw it online.  You convince your Realtor® to list at the price you saw.  And your Realtor® reluctantly agrees to list at your price.  After a few months of watching your neighbors’ homes sell quickly, you agree to drop the price

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NWI Seniors Newspaper June 2019 Edition

NWI Seniors Newspaper,  June 2019 Welcome to the NWI Seniors Newspaper, June 2019 edition!  NWI Seniors took a few months off but we’re back better than ever!  The June 2019 edition is awesome and full of great economic news for Seniors of Northwest Indiana.  We kept all the great regular sections including puzzles, recipes, health, and travel and expanded the Finance and House & Home sections.  We also added a Featured Article by the staff at Residences at Deer Creek, a wonder Independent and Assisted Living Facility in Schererville, Indiana.  Check out the back page for two great stories from

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NWI Seniors Newspaper Feb 2019

NWI Seniors February 2019 Edition The February edition of NWI Seniors is full of great information to help you keep more money in retirement.  You’ll also find personal journeys from 3 authentic local senior authors.  There are recipes, puzzles, and much, much, more! Please contact us if you would like to be added to our mailing list to receive a free copy mailed to your home. For more tips on real estate, aging-in-place, and not outliving your money, request a copy of our free book, The Northwest Indiana Guide for Seniors.  

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Widow & Interstate Move (Video)

Transcript This is a case study of a downsizing and interstate move for Mary, a widow of 10 years.  Mary and her husband Brian were married for 60 years.  Brian was the love of Mary’s life and when he passed away at age 70 of a heart attack, Mary chose to stay in the 2500 square foot home they built when they first married. At 80, Mary realized the home was too big and the maintenance was too much.  She knew she needed to downsize and move and she didn’t want to stay in Northwest Indiana and face one more

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Downsizing & Assisted Living Happiness! (Video)

Transcript This is Lisa and Joe.  Lisa and Joe have been married 65 years.  They met in high school and couldn’t take their eyes off each other!  Over the years, they raised children, worked, and shared good and bad times, all while living in a 3000 square foot house for nearly 50 years. Over the years, Lisa and Joe were too busy to update their home.  When their health stared to decline, they knew they had to move.  The maintenance was too much and Lisa stopped doing laundry because her knees were unstable going up and down the stairs to

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Downsizing Can Bring Seniors Happiness (Video)!

Transcript This video is on how downsizing can bring you happiness and avoid family conflict. Meet Susan.  Susan is a 70 year old widow living in a 2200 square foot bi-level home.  Susan and her late husband, Bill, bought the home in 1980.  They remodeled the home with aging-in-place modifications for Bill in the last 2 years of his life.  Bill had advanced COPD and he wanted to die at home.  Susan was working and to help Bill stay independent, they installed a chair lift, grab bars, a walk-in shower, and pocket doors for Bill’s wheel chair. Susan retired the

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