The Pros and Cons of Condominiums in Retirement Life
Analyzed in practical terms the rise of condominiums as retirement housing. Explains ownership differences from co op models, price ranges from about 27000 to 100000, monthly dues around 60 and up, and the varied management styles. Notes risks of conversion apartments losing social programs and market competition. Ends with advice to visit properties, talk to residents, and weigh personal needs before buying.
MENTIONED IN THIS ARTICLE
Sunshine
Social Security routes for business income and survivor benefits
A reader asks how profits from a small market are credited and how a wife inherits Social Security benefits after her husband’s death. The expert notes that unless a legal partnership exists, income is credited to the husband, and discusses widow benefits including a lump sum death payment and later choices between survivor and own earnings benefits.
MENTIONED IN THIS ARTICLE
Frank Carrick
Copley
Social Security
F.W. A
G.W. Jr
Also Mentioned on This Page
Thomas Collins
Copley News Service
The
Journal
McAlpin
Slim
Orig