Navigating Retirement Community Costs

This chapter explores the financial intricacies of living in a retirement community, including various fees and investment options. It emphasizes the importance of understanding contractual agreements and conducting thorough research to make informed decisions about personal finances and life savings.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

📈⁠⁠ ⁠Are you on track with the Baby Steps? Get a free personalized plan.⁠⁠⁠

George Kamel and Jade Warshaw answer your questions and discuss:

"How do I tell my husband that his mother is holding us back financially?"
"At my age, should I prioritize my 401(k) or life insurance?"
"What is the next right step regarding housing choices?"
"How do I become a stay-at-home mom?"
"My parents are trying to join a retirement community and they are charging entrance fees. Is this a legit business?"
"Can I pause the debt snowball to get into a more fulfilling career?"
"How do I go about taking care of my fiancée's debt while still investing?"
"My mother-in-law is moving in with us. How do I prevent that from derailing our marriage and finances?"

Next Steps:

✔️⁠⁠ ⁠Help us make the show better. Please take this short survey.⁠⁠⁠

📞 Have a question for the show? Call 888-825-5225 weekdays from 2–5 p.m. ET or⁠⁠ ⁠send us an email⁠⁠.

💗 Two Weekends. One Life-Changing Experience. Get away with your spouse in Nashville.

💵⁠⁠ ⁠Start your free budget today. Download the EveryDollar app!⁠⁠

❓ ⁠⁠Will an online will work for you? Take this quiz to find out.⁠⁠

Connect With Our Sponsors:

Stop paying more and start shopping smarter at ⁠⁠ALDI⁠⁠.

Get 10% off your first month of⁠⁠ BetterHelp⁠⁠.

Go to ⁠⁠Boost Mobile⁠⁠ to switch today!

Learn more about⁠⁠ Christian Healthcare Ministries⁠⁠.

Get started today with⁠⁠ Churchill Mortgage⁠⁠.