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Kendal at Oberlin Blog

Downsizing Tales: Maggie and Molly Downsize and Move

Posted by Molly Kavanaugh on Aug 26, 2019 8:59:07 AM

It certainly is a brand-new year which will be filled with changes. Though a little scary to think about letting go of our routine and comfort zone, very exciting to think about what is in store for us.

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Topics: Active Lifestyle, Future Planning

2018 Tax Changes and Older Adults

Posted by Kendal at Oberlin on Jan 10, 2019 4:11:48 PM

In late December 2017, Congress passed a major reform of the Internal Revenue Code, known as the Tax Cuts and Jobs Act. Now it’s time to pay close attention to these changes as we gather our 2018 records and prepare federal taxes.

The biggest change that affects all taxpayers is the standard deduction amount. The new tax law almost doubles the previous standard deduction amount to $24,000 for married filing jointly, $12,000 for single filers, and $18,000 for heads of households. This increase means that while in past years you might have itemized, this year you might be better off taking the standard deduction.

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Topics: Future Planning

Aging and Self Reflection

Posted by Molly Kavanaugh on Dec 13, 2018 1:56:51 PM

My mother rarely turned down a dinner invitation or get-together with friends. In later years when she lamented that her “social calendar” was skimpy, she tried to find creative ways to fill it.

But like many older adults, my mother also cherished solitude, often with a good book, devotional or Lexi, her toy fox terrier, in her lap.

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Topics: Intergenerational, Future Planning

What Tax Documents to Save

Posted by Molly Kavanaugh on Jan 4, 2018 9:01:00 AM

The new year is a time to make room for the new, as in new files and folders for upcoming 2018 receipts, bank statements, charitable donations and the like. Though, what to do with 2017 files and folders?

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Topics: Future Planning

Plan Your Future: Living Options for Boomers

Posted by Molly Kavanaugh on Dec 28, 2017 9:30:00 AM

For the last 70 years, baby boomers have been redefining life passages. As teens, parents, and professionals, these men and women pushed boundaries, challenged status quo and reached for all the stars.

No surprise, that as boomers reach retirement age, they are looking for distinctive lifestyles and living arrangements.

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Topics: Future Planning

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