Is this a good time to sell and downsize?
Your home is your sanctuary, but it’s also one of your biggest budget items. And after you retire, it may feel like more house than you need. But in this housing market, when a smaller home with upgraded features may be about as expensive as the one you’re selling, is it still smart to downsize? In some cases, downsizing is appropriate, but not necessarily money-saving. You... READ MORE
Communities offer educational programs
We’re never too old to learn something new. When retiree Bill Brown moved to Asbury Methodist Village, he started attending evening presentations in his new community in Gaithersburg, Maryland. For just a dollar or two at the door, he could listen to experts from NIH, NASA or the NSA talk about gene editing, rocket science and codebreaking. Each lecture is arranged by the... READ MORE
Housing options abound for older adults
The search for the right living arrangements for older adults can be challenging, particularly as our needs regarding assistance and care evolve with age. Fortunately, a variety of choices exist, ranging from simple adjustments in a current home to retirement communities and assisted living or nursing facilities. Here are some effective strategies for gracefully navigating the... READ MORE
Baltimore Housing News July 2024
Edenwald purchases historic mansion for expansion After more than five years of eyeing the historic Bosley Mansion in West Towson, Edenwald Senior Living purchased the 4.4-acre property in February. “We’re very excited about the opportunity to do something in that neighborhood,” said Mark Beggs, president and CEO of Edenwald Senior Living, located about a five-minute drive from the... READ MORE
Community residents volunteer in-house
Retired Baltimore County music teacher Keith Derrickson enjoys performing on the piano, sometimes wearing a powdered wig. For almost seven years he has lived at Oak Crest in Parkville, Maryland, volunteering his talent at the community’s open houses. “I play while people are coming in and give them some ambiance. I have a Bach wig and a Beethoven wig,” he said. Indeed, Derrickson... READ MORE
Should you sell your home for a smaller one?
If you spent your teenage years waiting anxiously for one of your siblings to get out of the shower, the idea of selling your spacious, multi-bathroom home and moving into a smaller house or condo may feel like a reversal of fortune. Yet for many retirees, downsizing makes financial and practical sense. Younger baby boomers — those currently ranging in age from 57 to 66 — made up 17% ... READ MORE
Seabury Resources for Aging turns 100
One of the oldest nonprofits in the Washington, D.C. area has been helping older adults for 100 years. Seabury Resources for Aging, founded in 1924, will celebrate its centennial next month at a gala at the National Museum of Women in the Arts. Seabury began with a small home for older adults: just four rooms in a house on Wisconsin Avenue in Northwest Washington. Its tradition of... READ MORE
DC Housing News — April 2024
Inspīr Embassy Row coming to D.C. Maplewood Senior Living is bringing a new 174-unit luxury senior living residence to Dupont Circle in Washington, D.C. Inspīr Embassy Row will have amenities such as an indoor heated saltwater pool, steam room, sauna, salt room, movie theater, salon and spa. With a prime location on Massachusetts Avenue at the end of Embassy Row, the eight-story... READ MORE
Consider community with all levels of care
Dear Savvy Senior: Can you help me identify some good senior living communities that offer all levels of housing and care, from independent living to nursing home care? I am in my late 70s and know I need to downsize from my current house, but I want my next move to be my last. —One Move Mary Dear Mary, If you want your next move to be your last, an all-inclusive retirement... READ MORE
Watering right saves money (and plants)
Until I installed soaker hoses throughout my vegetable beds last year, I’d always watered my plants by hand, which over the years had become tiresome. Standing outside holding a garden hose wasn’t exactly my idea of a good time, but it directs water precisely to the soil above roots, making sure it lands where it’s needed. That eliminates waste, and goes a long way toward... READ MORE
