Welcome! (And a checklist for what to consider with your aging parent conversations)

My name is Beka, and I work in real estate. Specifically, I buy houses that need love and do my best to restore them to their glory. The thing about this is that I end up meeting many people who are deeply embroiled in the Aging Parent arena and looking for help. We do our best to help navigate the waters, but I want to get better at it. Add to it the fact that I also am going through this right now, and (if we are lucky), most of us will have to face it at some point... it just makes sense for me to get as knowledgable as possible on it. So that's what this blog intends to do. I want to provide a concise, comprehensive resource for people to come to and find answers for whatever specific question they have. Or maybe just moral support that they're not alone. First, though, I have to do research. So let's begin...

I love checklists, and this article does a good job of helping build the framework of what we need to know. Check out this great article:

https://www.marketwatch.com/story/a-simple-but-thorough-checklist-to-help-aging-parents-2014-10-30

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Larry Miller Jr. - 17 Years' Experience in Estate Planning & Wills

Get to Know Larry Miller, Jr. Beka Shea sits down with Larry Miller Jr., Owner & Managing Partner of the Miller Law Group, PLLC in Reading, Pennsylvania. Miller Law Group has 40 years’ experience serving clients in Berks County so it's no surprise that we contacted them to gain some insights about the ins and outs of estate planning. Check out the intro video below! To learn more, or contact Larry Miller Jr., visit https://millerlawgroup.net/

5 Ways To Use Your Home Equity For Retirement Income

If you haven't saved as much as you wish you had, but you own your home, you have options when it comes to your retirement income. Consider these 5 ways to turn your home into a retirement income stream. Talk with a financial advisor and tax professional to get personalized advice before making any financial moves. 1. Downsize your Home and Invest the Proceeds. Once you stop working, sell your home, buy something smaller and less expensive , then take your gains from the sale and invest them to provide an income stream. A smaller place can be less expensive to maintain, too. Property taxes may be lower on a less expensive home, since they are usually based on a percentage of the value of the property. Heating or cooling a smaller space can be cheaper, too. Alternatively, you could rent! The downside of renting is having to write a check to your landlord every month. The upside is you invest the entire proceeds of your home sale to work for you. 2. Sell your house and move to an i...

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