List of states allowing TOD for Real Estate
There are possible risks. In some situations, using a Trust or having real estate to through probate could make more sense. Google to find assorted articles (usually sponsored by probate lawyers)
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Iāve figured out my first problem with retirement!
I need to just delete all those ads that come into my inbox for work clothes.
I also need to break by little āLulu/Athletaā habit, but that may be harder.
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Newly retired here. No problem resisting work clothing. Trying hard tp not to start a Lulu/Athleta habitā¦ but time will tell.
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I am just owning my Lulu/Athleta habit (maybe we could start a support group)!
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Definitely part of that club!
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Prana and Merrells habit here. Got worse since retirement. 
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Other than exercising in the morning, on most days I donāt wear shoes. Something to get used to when I have to. And what I call a Covid sport jacket is a zip up fleece with a hood. Wear one over a dress shirt on cold days. Have a couple different colors depending on color of the shirt. Try to remember to take it off for zoom video calls but sometimes I forget.
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I discovered Vuori and OMG, I donāt even want to wear my Luluās anymore (although am wearing them today), but Vuori are the most comfy joggers ever that you can actually go out in and not feel like youāre wearing only leggings 24/7! Or workout clothes!!
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Life is shortā¦
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Yep, it sure is. DH is making his exit plans- a few years earlier than he originally planned for all the reasons this article mentions.
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The current situation is having the opposite effect on H. He had been planning on retiring soon but will continue to work because since covid his hours are flexible and he can work from anywhere he has a good cell signal.
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Interesting article. I retired a few months ago and H retired yesterday. We had actually planned this before Covid. In my case I had a very negative experience at my workplace a few years ago and some family business that caused me to pack it in at 63 1/2.
I remember reading about younger people wanting baby boomers to retire sooner so that they could move up the ladder. More people in their late 50ās and early 60ās would retire if they had health care.
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When I left my job of 7 years, which required superhuman powers to properly perform, I was replaced with a 30 year old. He left after a year & a half, leaving a mess of undone work at the very worst time of the annual work cycle. Companies want to replace us āold folksā with new blood, but they should be careful what they wish for.
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I took a lateral position in another department after being underpaid/undertitled for years. Of course I was replaced by a (less qualified) man a few decades younger - he got the higher title and salary. He lasted 6 months!
My new job was fine-nice boss, great coworkers, regular hours (unlike prior position), but TBH after I learned the job it was boring. I didnāt feel motivated to stay, but stuck it out for 3.5 years.
And yes HR got the whole story when I leftā¦
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Since COVID Iāve talked to a fair number of people about retirement. Many realized they are readier than they thought they were. But others realized they hate being home all the time and want to continue working.
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Being stuck home during Covid is way different than retirement will be after people are free to congregate again. Iāve still enjoyed itā¦ soooo nice to not have work stresses and offshift pager duty.
āMore people in their late 50ās and early 60ās would retire if they had health care.ā - Aint that the truth! I retired soon after my retired husband started on Medicare. I am 7 years younger but have a fund from work that will cover a lot of my pre-Medicare medical expenses. But for the first 18 months Iām using Cobra benefits.
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Cobra can be expensive! If I had had to use Cobra the for the 1 1/2 years until Medicare, I would have paid $21K/year. My retirement insurance (thanks company benefits!) is about $5K/year. Big difference.
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As someone who is self employed I effectively pay the COBRA cost every year.
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Me too. Every year the increases are crazy, with or without the marketplace program. Getting to the point where we absorb the cost and just hope thatās the new normal only to find it cost a few more grand each yr. Unsustainable. Currently pay over 20k for lousy coverage that doesnāt do much for our kids OOS. Chose it over the more comprehensive because that would have been 3k per month. Wasnāt too long ago we paid 500/m for a good family plan. Crazy.
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Insurance costs are crazy. Last year for my husband and me our plan was costing just over 2300/month and it was for a high deductible plan. We couldāve gone with a lower deductible one but then higher premium and with this we at least had the HSA. This year we changed plans and are at least saving more than $1k/mo but on some things itās clear that itās not as good coverage. The prescription stuff though I thin will be cheaper due to the 90 day mail in order for RX but weāll see. My kids are fortunate to be on their fatherās plan which is phenomenal and has low deductible and out of pocket costs so basically the last 4 months of every year they hit the family max also so that we pay nothing and I run and fill their prescriptions for each month at no cost. Once they turn 26 they will realize how good they have it!