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Tag Archives: Baby Boomers

Is Spring the Best Time to Buy a Palo Alto Home?

Is Spring the Best Time to Buy a Palo Alto Home?

The world of real estate is an exciting and confusing place filled with sage advice for home buyers and sellers. You may have heard plenty of recommendations on when to buy, when to sell, whether you should stage, and other helpful tips to get your home sold fast; however, it may be difficult to tell what will actually work.  If you own a home in Old Palo Alto or want to buy in Professorville when is the best time to act? Some Palo Alto real estate agents may tell you spring is the best time to sell your home, but is one particular season really the best?

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How To Avoid The Big Housing Crunch Awaiting Many Baby Boomers

How To Avoid The Big Housing Crunch Awaiting Many Baby Boomers

There Are Dire Predictions For Baby Boomers But It Can Be Overcome With Planning

Those American Baby Boomers born between 1946 and 1964 are facing some pretty serious issues in the foreseeable future none of which are as daunting as the cost of housing in their retirement years.  Notwithstanding the estimated costs of $220,000 a couple will need in retirement for health care costs housing costs will dwarf that number as most experts believe that boomers will be forced to spend in excess of 30% of their monthly incomes supporting their abodes.  The struggle is just beginning because housing costs, both for ownership and for rentals, is skyrocketing throughout the country.

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Palo Alto’s Comprehensive Plan Delays Prompt Zoning Changes – The Value Of Your Real Estate At Stake

Palo Alto’s Comprehensive Plan Delays Prompt Zoning Changes – The Value Of Your Real Estate At Stake

Citizens Should Get Involved To Help Mold The Future Of Palo Alto Growth

The massive overhaul to Palo Alto’s Comprehensive Plan is not expected to be completed for a couple more years, but several city council members would like to implement zoning changes right away because of all the development that is currently occurring and is on the drawing board.

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Durable Power of Attorney – What Is It And Do You Need One?

Durable POA

A Durable Power of Attorney Can Provide Peace Of Mind, Comfort, and Ease of Transition For Families

As baby boomers approach retirement age there are many considerations which should be addressed regarding preparation for transitions and changes in their lifestyle.  Generally, most people will have to rely on others to help them at some point in their lives, whether it’s daily or periodic help.  Additionally, unforeseen circumstances and events can transpire which can lead to disruption in their daily or future routines.  In order to be prepared everyone, including children of senior baby boomers, should understand what a Durable Power of Attorney (POA) is, and consider having them in place as soon as reasonably possible.

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Baby Boomers, Property Tax Relief, and Downsizing Strategies

Baby Boomers, Property Tax Relief, and Downsizing Strategies

Why Baby Boomers Should Take Advantage of

Prop. 60/90 and Transfer Their Property Tax Base

Many baby boomers (those people born between 1946 and 1964) are in the middle of their transitions from working to retirement.  During this time period it is difficult for many people to imagine their lives without the homes that they raised and educated their children in.   There are thousands of memories and a multitude of mementos scattered throughout the neighborhoods they have called home for so long. 

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