from FREEDMAN FINANCIAL | June 3, 2016

Thinking About Moving to a Retirement Community?

How about a senior living community?

More Americans are considering "retirement communities" as they downsize from their family homes. These campuses come in all shapes and sizes and thus it's critical to determine which setting is best for you. Overtime, you may need differing levels of care and accommodations. Many "communities" allow you to transition from one home to another as your care requirements change.

For many, leaving your traditional home and embarking into a new community can feel overwhelming -almost paralyzing. We find that many adults have adequate resources to make the change - yet, because they don't have a pulse on their finances they think it's un-affordable. At Freedman Financial we do these calculations every day. Just ask us. You may be surprised with the results.

Financial Considerations When Moving to a Retirement Community

Getting the Most for Your Trade In

Nobody likes to lose out on extra money, especially to the car salesmen!

Trading in your old car when buying a new one can be a daunting process. Now, it no longer needs to be such a haggle.

If you're like most people, you save yourself the aggravation of selling your old vehicle on your own by accepting a "trade in" price from the dealership where you plan to buy your next car. While this is a convenient option - it is becoming less and less financially smart.

Certain dealerships will now appraise your car and write you a check on the spot for the vehicle without any obligation to buy a car from them. In fact, last week we sent a client to Carmax in Danvers, MA to see what they'd offer versus the "trade in value" that was being offered at an area dealership. The difference? $1,500 more. $17,000 for a Toyota Sienna versus the $15,500 that was offered as a 'trade-in' value.

All of a sudden the "deal" offered by the salesman at the other dealership didn't look so great.

Check out the link below for some tips for getting the best price for your trade in, it may be as simple as giving your car a bath.

Get the Most for Your Car

IN CASE YOU MISSED IT

Freedman Financial's Blog

Read our latest blog post here, as well as find other postings that may be of interest to you.

Weekly Market Commentary

Jam-Packed June

Things to Know Before You Get Your First Job

The real world is coming for college graduates, let's hope that they don't make some of our same mistakes!

Millions of college graduates will enter the workforce this summer, and many will enjoy the financial comforts of living back at home while earning a paycheck. Hopefully they'll save some money and move out - really soon.

But how will our graduates navigate life in the real world. Since most early 20 somethings are likely to ignore your savvy advice, consider sharing these five tips from a recent college graduate.

Five Things We Wish We'd Known

WAYS TO STAY CONNECTED

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The opinions expressed in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments may be appropriate for you, consult your financial advisor prior to investing.

Investment advice offered through Freedman Financial, an SEC registered investment advisor.