You Thought You Were So Smart Relocating to Tucson, AZ - Financial Joke on You

Jane Genova: Speechwriter - Ghostwriter

Tucson, Arizona used to be  the affordable and desirable place to relocate for retirement and various versions of downsizing expenses. Back in April 2014, a large, that is 440 square foot, studio apartment at Tucson's Vista Montana complex went for $400 a month.   Retirees and the semi-retired who pulled up roots in the Northeast or West Coast for the low-cost lifestyle in Tucson now find themselves in a financial pickle.

"Affordable Housing"- No Longer Just a Low-Income Meme

Jane Genova: Speechwriter - Ghostwriter

The Joint Center for Housing Studies of Harvard University released a disconcerting report. Essentially, Landlord Nation is pushing even the middle class into financial distress. " The economic experts define "cost burdened" as paying more than one-third of income for housing. million in America pay 50% or more for housing.   Take Tucson, Arizona. Here is a copy.

2020 40
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"Affordable Housing"- No Longer Just a Low-Income Meme

Jane Genova: Speechwriter - Ghostwriter

The Joint Center for Housing Studies of Harvard University released a disconcerting report. Essentially, Landlord Nation is pushing even the middle class into financial distress. " The economic experts define "cost burdened" as paying more than one-third of income for housing. million in America pay 50% or more for housing.   Take Tucson, Arizona. Here is a copy.

2020 40

Financial Limbo - The 85,000 Gone Missing

Jane Genova: Speechwriter - Ghostwriter

Recently, even the major of the city of Tucson was carjacked in broad daylight by a miscreant with a gun. At stake are financial issues such as pensions and the ability to sell a house. Arizona is fertile territory for Thomas Asimou's legal niche. That Phoenix, AZ lawyer, reports Bloomberg , helps the families of the missing have that person declared dead. So close to the border, it is all too easy for both workers and tourists to wind up dead.

2017 40

Financial Services Firms - If You Don't Leave Us Alone.

Jane Genova: Speechwriter - Ghostwriter

To those categories of products, services, and creatures might be added financial services firms. Yet, usually with great authority the financial services firms predict millions of dollars will be needed for retirement or semi-retirement.   They had had the financial common sense to relocate from more expensive areas of the U.S. When they arrived they hunkered down in studio apartments and often got on waiting lists for government subsidized housing for the aging.

2018 40

Becoming an Expatriate - Financial Necessity, Not Adventure for Aging Americans

Jane Genova: Speechwriter - Ghostwriter

Increasingly, it's become a option-to-be-considered for financially challenged aging Americans.   For example, parts of Arizona, such as Tucson and Phoenix, are low-cost and age-neutral. Mobile, Alabama, for example, provides apartments in the $400-dollar range (lower for those who get on the waiting list for subsidized senior citizen housing), the ocean, and exotic places such as New Orleans a few hours drive away.

2018 40

The New Aging - Bringing Back the Boarding House

Jane Genova: Speechwriter - Ghostwriter

They sold the family house in order to reduce the financial uncertainty of home ownership. One solution is to bring back that one-time popular living model: the boarding house.   My introduction to boarding house living came when I was a doctoral student at the University of Michigan in Ann Arbor. My most vivid memory was hosting a party in the "parlor" of a boarding house on South Division Street.

2018 40

Brand New York City - Only for Those with "Real Money"

Jane Genova: Speechwriter - Ghostwriter

In April 2014, I finally embraced financial reality. Where I had re-located - Tucson, Arizona - is also less and less affordable. One factor is the migration there of those from California who are being driven out by unbearable housing costs. But Tucson is not longer Paradise in the Desert. For instance, at Vista Montana apartment complex in Tucson, a 440 square foot efficiency had billed at $400 a month in 2014.

The Coronavirus Economy - Will You Have to Retire Early, Relocate?

Jane Genova: Speechwriter - Ghostwriter

You sold the family house. You may have trouble selling your house, at least not at the price you need or not at all. Low mortgage rates don't mean that the majority of people have the financial resources to buy and maintain a home. Sure, Tucson, AZ requires a lot less to live in than Manhattan. But, since the big migration of those from California to AZ because of the high cost of living there, Tucson has become more expensive.

2020 40

The New Bohemians (Part 4) - Why We Mourn Vanishing World of Alt-Weeklies

Jane Genova: Speechwriter - Ghostwriter

It was the now-dead New Haven Advocate alt-weekly which got me out of my despairing mood and into the snowy streets during the financial downturn. Right now, Tucson, Arizona, where I have relocated, still has the Tucson Weekly. At the Loft Cinema, an independent movie house, we read the Tucson Weekly in the dark before the coming attractions begin. Earlier this year, another alt-weekly died: the San Francisco Bay Guardian. The New Bohemians are still mourning.

2015 52

Settling In - Not when making a good living requires non-stop pivots

Jane Genova: Speechwriter - Ghostwriter

Our generations of Baby Boomers and X were reared to find a way to make a living, marry, have a family, and buy a house. There was one such neighbor in Tucson, Arizona. I had left the East Coast for Tucson in early 2014. At the time, Tucson was a good choice. Without the financial pressure of the East Coast, I had the luxury of making a pivot in what I should be marketing in my communications boutique. The cost of living is the same as Tucson's.

2016 43

Black Swans in Peak Career, Now Those Annoying White Swans in Semi-Retirement/Retirement (and every step of the way there)

Jane Genova: Speechwriter - Ghostwriter

He and his wife did a FIRE (Financial Independence, Retire Early). Another white swan was that downsizing housing generated a new expense. Yes, they did well financially in selling their house. Climate change had already made temperatures in Tucson, Arizona around 122 degrees. Retirement/semi-retirement might involve more turmoil than navigating the rat race of doing a career.

2019 40

Sharing Economy - Uncertain Ride for Workers

Jane Genova: Speechwriter - Ghostwriter

Long-term financial planning just doesn't seem in the cards. Right now I have enough of a reserve for a down payment on a condo or eve a house here in Tucson, Arizona. However, I hesitate to rock the financial boat and stop being the renter I have been since 2004. I sold my house. Weekly I scan the Houses For Sale ads. They are called "microearners," reports Natasha Singer in The New York Times.

2014 43

Landlords-Tenants - Operation of the Invisible Hand

Jane Genova: Speechwriter - Ghostwriter

A key driver is that Millennials are buying houses again.   Several years ago, in Tucson, Arizona, at the end of the lease, my rent went up about $50 a month.   And, throughout this 400-unit rental complex there is plenty of chatter among Millennial renters about eventually buying a house. To make their housing money go far they are purchasing in what used to be sarcastically called "fly-over country."

2017 40

Seattle - Disruptive Affluence Versus When A Car Is Home

Jane Genova: Speechwriter - Ghostwriter

On the one hand are the financially comfortable employees at Microsoft, Starbucks, and Amazon. They may have to sell their houses at a loss. In Tucson, Arizona, which had been hard hit by the real estate meltdown, some homeless squatted down in an alley in my neighborhood. Last night, after a Tucson recovery meeting anniversary party, there was plenty of food left over.

Seattle - Disruptive Affluence Versus When A Car Is Home

Jane Genova: Speechwriter - Ghostwriter

On the one hand are the financially comfortable employees at Microsoft, Starbucks, and Amazon. They may have to sell their houses at a loss. In Tucson, Arizona, which had been hard hit by the real estate meltdown, some homeless squatted down in an alley in my neighborhood. Last night, after a Tucson recovery meeting anniversary party, there was plenty of food left over.

The Moving Van - Rethinking that Symbol and Lots More about Relocating from Connecticut

Jane Genova: Speechwriter - Ghostwriter

And, the moving van has become a symbol of the victory of financial common sense over comfort zones.  Those included selling my house. Immediately upon relocation, the financial piece got better - much so. The rent in Tucson, Arizona was one half that in CT. The cost of living is even less expensive than that in Tucson. I needed to check out personally if I could pull off financially moving back. 

2019 40

New York City - No, your professional life doesn't gear down when you exit

Jane Genova: Speechwriter - Ghostwriter

You could be practicing law in Tucson, Arizona, where a one-bedroom goes for $500, and have access to the same resources, data and human, as do lawyers in Midtown Manhattan. As financial experts advised us to, we sold the family house in Fairfield or Westchester Counties. Since April 2014, I have been running my communications boutique out of a $500 a month apartment in Tucson.

Forced into Retirement? - Jump-Start Joy Relocating to University Town

Jane Genova: Speechwriter - Ghostwriter

One solution to that financial pickle is to fold up the tent and relocate to a university town.   Tucson, Arizona has the University of Arizona. A trend is to actually rent on-campus housing to retirees but usually that's no bargain.  The recession seems to be coming. That ups the odds that the over-50 will be forced out of their jobs - and possibly into retirement/semiretirement.

2020 40

'Twas the Night Before Christmas, Most of the Money Was Gone

Jane Genova: Speechwriter - Ghostwriter

FIRE (Financial Independence, Retire Early). In 2014, when I did something similar - relocated to then-cheap Tucson, Arizona (no longer cheap) - I was vilified as a failure. However, it was through that initiative that I took the leap out of debt, not like so many of the older professionals The Wall Street Journal profiles as really in a financial pickle.    Back then, 'twas the night before Christmas, and all through the house we knew we were loved.

2018 43

Talk - Listen for Emotional Content

Jane Genova: Speechwriter - Ghostwriter

So, I know what a neighbor in my 400-unit rental complex was really telling us when he became compulsive in discussing buying a house. His present financial condition was not good. He stopped talking about the house. My five-day car journey from Tucson, Arizona to Austintown, Ohio was the perfect storm. From the get-go, we speechwriters know that talk is about communicating with the audience's emotions.

2016 43

The New Aging - An Awful Thing Is Happening on the Way to Retirement/Semi-Retirement

Jane Genova: Speechwriter - Ghostwriter

It was then that I had circled back with my seemingly more financially well-off classmates from Seton Hill's Class of 2017. She purchased a house in an Oro Valley, Arizona upper middle class retirement complex.   Back then in the early years of the 21st century, I was struggling, financially, emotionally, and socially.   But financially I am not among the 1%. I was based about a 25-minute ride from Huebner's house.

2018 40

Look, Grandkids: We're Carless

Jane Genova: Speechwriter - Ghostwriter

So, it's a downright financial necessity to review the availability of public transportation in the locations you are considering. When I investigated for a client if it was possible to retire in Mobile, Alabama, without a car, the chamber told me "yes," if the couple bought a house or rented an apartment in two parts of that city. The cities with excellent public transportation, for instance, include Pittsburgh and Tucson, Arizona.

2020 40

$5+ Gas - Everything Changes (maybe back to hard economic times)

Jane Genova: Speechwriter - Ghostwriter

The drive from New Haven, Connecticut to Tucson, Arizona, would cost a king's ransom. One in Trumbull, CT, ponies up $21k annually in property taxes for a modest house.  Airlines also will experience that financial trauma. The impacts of Harvey on the oil industry likely will be worse than anticipated. That means: the return of high gas prices. And that changes EVERYTHING.    The effects will be obvious this weekend.

2017 40

Arizona Dreaming & Other Myths about Cheap Locations for Semi-Retirement/Retirement

Jane Genova: Speechwriter - Ghostwriter

In April 2014, I pulled up my little but pricey life in the New York Metro area and journeyed to Tucson, AZ.  Regarding the latter, yes, Tucson has a winter. Freed up from extreme financial angst I rebuild my communications business and launched a startup for coaching those over-50.  My financial advisor is Michael J. With the housing situation in-place, it's much the good old days before The Crash. Arizona  was  cheap.

2018 40

Arizona Dreamin' - And Other Retirement/Semi-Retirement Myths

Jane Genova: Speechwriter - Ghostwriter

If they have purchased a house or a condo, then they might feel they are "stuck." The myth is that it's financially ideal for retirees and those who downshift to semi-retirement. Renting a studio apartment in Vista Montana in Tucson, AZ was at $400 in April 2014.

Inflation: Going Back to Drawing Board on Retirement/Semi-Retirement Planning

Jane Genova: Speechwriter - Ghostwriter

Those "they" range from financial planners to members of the media who know the topic guarantees eyeballs.  In addition to inflation, the cost of living is galloping upward because of all the people fleeing unaffordable housing in California.   An efficiency apartment at Vista Montana in Tucson, AZ which went for $400 monthly, plus utilities, in April 2014, now is priced between $535 to $845 monthly, plus utilities.

2018 40

The New Aging - Slide, Sometimes Slowly, Sometimes Quickly, into Homelessness

Jane Genova: Speechwriter - Ghostwriter

  That's what I wondered when I was living in Tucson, Arizona. In LA, the high cost of housing also factors in.  Even with that they could remain in a financially precarious position since Medicare eligibility doesn't kick in until age 65.    The good news is that there are experiments in how the aging can maintain housing they can afford. Do the harsh conditions of being on the street make so many of the homeless look old?

2018 40

Over-60, Maybe Still Working - But Can't Afford NY Metro or CA Any More

Jane Genova: Speechwriter - Ghostwriter

For example, in California, Roberta Gordon's rent, even though in senior housing, is $1,040 a month. For example, a studio apartment in Tucson, Arizona can be found and rented via an internet transaction for about $400. A retiree from a public housing job in Chicago, Illinois had no trouble being hired first as a waiter, next as the head of staff in a mid-range restaurant. The financial pressure, she told me, was off.

2018 40

Buddha and Cleveland Clinic Branding

Jane Genova: Speechwriter - Ghostwriter

That included in the car while driving (on my cross country trip from Tucson, Arizona to Austintown, Ohio, when I got in a huge traffic jam in Arkansas I kept repeating the mantra: Setback. I set up a shrine room in my house. One group member, who was not the leader, said that was fine because the group wasn't in financial hardship. Mindfulness  has been encouraged for stressed professionals.

Off to Mexico for Dental Care - No, I'm not helping make America great again, Mr. Trump

Jane Genova: Speechwriter - Ghostwriter

" That's what a woman at a dinner party told me during my first month living in Tucson, Arizona. Sure, the financial arrangements, including taxation, are complex when relocating abroad. There I had a This Old House. "All those crowns. You'll have to go with us to Mexico to replace any of them." Her husband flashed his implants. That was how I found out that medical tourism includes dental work.

2016 43