The Power of the Boom:  Why Baby Boomers Are Central to Our Economy’s Success

February 6th, 2015

Baby Boomers

Baby Boomers are making more economic noise than a sonic boom.  Our economy has a promising future because of this pioneering group.  Baby Boomers are the largest and wealthiest generation in history.

Did you know?

Baby Boomers are retiring at a rate of 10,000 a day!  Boomers are estimated to inherit 15 trillion dollars in the next twenty years.  There are over 80 million Baby Boomers, and they don’t have any plans of slowing down in retirement.

How are Boomers redefining aging?

Boomers are shattering the stereotypes of aging.  They are healthy, active and motivated to reinvent their lives.  Many Boomers still have marketable skills even though they have aged out of the workplace.  Experts predict entrepreneurship will be at its height due to these hardworking Boomers.

By 2017, half of the US adult population will be 50 and older but will control almost 70% of the nation’s disposable income.  The Boomers are holding our nation’s economic health in their hands.

What are Boomers shopping for?

Brands that share their same values.  Forty-four percent of Boomers report being brand loyal.  Boomers want to maintain healthy bodies, live without restrictions, and maintain a balance of intellectual and spiritual enlightenment.  With this continued zeal for growth, Boomers are ready to transform their homes from the once cozy nest for raising a family to the home of their dreams.

How are Boomers renovating their homes?

Boomers associate aging in their homes as maintaining independence.  To accommodate these wishes, Boomers are creating a home centric lifestyle.  Eighty million people are no longer living their lives commuting and occupying office space.  The home is now the mainstay for time spent in spaces repurposed for entertainment, sewing rooms, man caves, home offices, and exercise rooms.  Homes will also be expanded.

Boomers are committed to redefining aging and continuing to forge a new path for healthy senior living.

If you need assistance in renovating your home or looking for that modernized, embellished dream home, call your Red Door Team at our office at 425-408-9681.

Why 55+ Communities are Growing in Popularity

February 4th, 2015


55+ Communities are a place where lifestyle and real estate marry. This residential option is growing in popularity due to features like convenience, safety and piece of mind.

What is a 55+ Community?

55+ communities are age restricted, residential areas with a variety of amenities designed specifically for active adults.

What are the Amenities of a 55+ Community?

Amenities vary so be sure to ask what each community has to offer.

Amenities often include:

  • Clubhouse
  • Exercise facilities
  • Swimming pools
  • Craft rooms
  • Demonstration kitchens

A variety of activities are also offered such as golfing, tennis, and dancing.  As you research various 55+ Communities you will also notice some of the communities are themed around favorite activities.  You will find communities with a golf course at their center or are situated along the ocean for sailing enthusiasts.

Many of the communities offer continuing education such as history and genealogy.  Some of the communities even partner with local universities, so you can continue to learn.

Keep in mind, 55+ Communities do not offer assistance for daily living such as meals, medication, personal care, and/or housekeeping.  55+ communities are uniquely designed for the active adult lifestyle.

Benefits of 55+ Communities

Safety:  Typically the communities are gated or have a security patrol providing additional safety for you and your home.  No longer will you need to fret about your home being burglarized while you are away on your dream vacations.

Low Maintenance:  Say goodbye to chores and hello to playtime.  No more yard work, broken sprinkler heads, or that pesky leaning backyard fence, the communities offer assistance with exterior upkeep of your property.  Snow removal is usually included as well.  This not only saves you time for the hobbies you have always wanted to explore, but it saves you money too.

Convenient Location:  55+ Communities are located close to shopping malls, restaurants, entertainment venues, places of worship, and medical facilities.  Shuttle services are common on these properties as well.

One Fee:  Often garbage collection, internet connection, property taxes and insurance are included in your HOA fee.  Now you do not have to manage several service providers, the communities take that headache away.

Peace of Mind:  Communities offer a variety of floorplans to fit with your independent lifestyle.  From pre-fabricated homes to townhomes to two-story homes, you have options.  Single level options are optimal to avoid the hazard and hassle of staircases.  Residential properties are also built with safety features such as wider doorways and hallways, non-slip floors, and no-step entries.

55+ Communities are beginning to win the popularity contest in real estate.  With the option to save time and money, rediscover lost passions, and connect with others socially, 55+ Communities are becoming the permanent vacation destination.

If you are ready to find your permanent vacation destination view the links below or contact the Red Door Team.  We are available to help you find your new home. is helpful if you want to search for communities by state and amenities. offers reviews of the best 55+ retirement communities.

Partner with a Senior Real Estate Specialist for your Lifestyle Transition

January 31st, 2015

Make a Super Power Team: Partner with a Senior Real Estate Specialist for your Lifestyle Transition

New beginnings are right around the corner for you.  To ensure you reach your happy destination, a senior real estate specialist (SRES) is available for you at the Red Door Team.

SRES certified

What is a SRES?

A senior real estate specialist (SRES) is a realtor certified in meeting the special needs of seniors over the age of 50 who are buying or selling their home.  The senior population has unique needs to consider during a transition, and a SRES is specially trained to meet those needs.  A SRES understands you have unique factors regarding your situation as you embark on a lifestyle transition.

The SRES is well aware you have pensions, possibly reverse mortgages, social security, Medicare or Medicaid that need to be considered as you downsize from your family home.  Unfortunately, oftentimes the senior population can be taken advantage of with loan schemes and scams.  A SRES specializes in protecting their senior clients from such pitfalls and are committed to a successful and profitable transition for them.  A SRES not only can help with the sale of your home, but can also help you secure new living arrangements.

Benefits of a SRES

The benefits of a SRES are numerous, but here are a few of the top benefits.

A Listener:  A SRES is trained to listen with understanding and compassion to your needs, concerns, and desired outcomes.  With an empathetic listener on your side, you will feel your stress begin to decrease through the transition.

A Communicator: A SRES will communicate the information necessary with you, so you can understand current industry trends, market values, and any legal or financial insights.  Armed with sound information, you will grow in confidence throughout your transition.

A Connector:  A SRES has invested tremendous time in building a trusted and dependable professional network to help meet your needs and answer questions they can’t.  They can connect you with attorneys, insurance agents, accountants, estate planners, moving companies, builders and/or contractors.  Connected with other business professionals, you will have a peace of mind knowing you can get sound information whenever you need it.

A Problem Solver:  A SRES has the knowledge and expertise to guide you through your lifestyle transition from relocating to another home to refinancing investment properties or selling the family home.  A SRES is able to anticipate your needs and provide solutions for your unique situation.

Look no further!  The Red Door Team has your competent SRES waiting for you.  If you would like more resources or assistance planning or coordinating an upcoming transition, please contact the Red Door Team at our office at 425-408-9681.


Thinking About Moving? A Few Helpful Resources for Seniors

January 15th, 2015

Helpful senior resources

The first quarter of the year is a great time to get those moving plans in motion, even if relocating later in the year. We’ve come up with a few helpful resources for seniors to help you organize, purge and donate the things you don’t want to take with you. Let’s get started.

You’ve likely already de-cluttered the house.  Nice job!  If you missed those helpful de-cluttering tips visit our de-clutter blog post.  Now, what do you do with all the things you don’t want to keep?

Important Documents

Keep an eye out for local shredding events typically hosted by local news agencies.  If these shred-a-thons do not coincide with your timetable consider other shredding service providers, such as FedEx.

If you are not sure whether or not you should keep a document, visit  Managing Household Records.

Selling Items

Ebay offers a nice alternative to the traditional yard sale for unwanted, yet still useful items.  Contact Art Mendel with Brinkley Enterprises, LLC by phone, 206-940-7310 or email, amstockport  He can help you sell your valuables on Ebay.  Note, this is not an exhaustive list below, but do not hesitate to contact The Red Door Team or Art Mendel regarding other unwanted items not listed.

Art – paintings, etchings

Christmas Items – All Types

Clothing – Vintage or Designer, High-end

Computer Games & Gaming Operations

Fur Coats – Men’s & Women’s

Medical Equipment – Wheelchairs & Lifts

Musical Instruments

Photography Equipment

Sports memorabilia – Autographed & Posted

Toys – Collectible, Mechanical, Battery Operated

Railroad Sets

Donating Items

There are several centers that will pick up your donation items for you.

Community Service For The Blind & Partially Sighted [pick up]
9709 3rd Ave NE, Suite 100, Seattle, WA 98115

**They will pick up from your house

Eco Encore [drop off or ship to]
900 1st Ave S, Suite 408, Seattle, WA 98134
**Accepts books, CDs, DVDs, software – sold to fund environmental organizations

Bridge Ministries [drop off]
12328 Northup Way, 1st floor, Bellevue, WA 98133

**Accepts used medical equipment

The Salvation Army [pick up or drop off]
1010 4th Ave S., Seattle, WA 98134

**Accepts used appliances and more


Hire a Moving Manager

If you’re still feeling overwhelmed, you can hire a moving manager to assist you throughout the entire moving process.  Read about the ‘Benefits of Move Managers’ and consider the two options below.

Relocation company specializing in helping seniors:

Find a senior move manager, go to

If you would like more resources or assistance planning or coordinating an upcoming transition, please contact the Red Door Team at our office at 425-408-9681.



Thinking About a Reverse Mortgage?

January 7th, 2015

reverse mortgage

The baby boomer demographic is on the rise, and for these retirees, having the funds necessary to enjoy the same quality of life is a challenge when there isn’t a steady flow of income anymore. A reverse mortgage is a way for people 62 years (minimum required age) and older, to use the equity in their homes to finance the gap from income lapses.


Essentially, a reverse mortgage allows a homeowner to use the equity from their home to finance and maintain a certain lifestyle. For older retirees, these monies may pay for home care while aging in place, or finance a vacation to visit distant relatives. Whatever the equity is used for, there are certain things to consider when applying for a reverse mortgage loan.


First and foremost, a reverse mortgage is a loan. Whatever terms are agreed upon with the lender, the homeowner has to pay the monies back, usually with the sale of the home should the homeowner have to leave the home, or passes away. If a spouse passes away while under contract with a reverse mortgage lender, the surviving spouse will have to repay these expenses.


That said, if it is determined that your financial portfolio is in good standing by a trusted accountant, a reverse mortgage can be a convenient way to pay for necessities such as medicine or doctor’s visits, with little to no impact on the loan. However, financing expensive travel or paying off other loans may reduce the equity to a level where the home is lost. Consult an accountant before considering a reverse mortgage, and create a plan of how exactly the equity is to be used.


Not everyone is eligible for a reverse mortgage. Borrowers have to be a minimum of 62 years old, live in the home as their primary residence, have paid most of their traditional home loan, and the home has to be in good shape. These are guidelines through the Federal Housing Administration (FHA), and this program requires potential borrowers meet with a reverse mortgage counselor to determine costs, and to make borrowers aware of all aspects of the loan.


Many spouses choose to apply for a reverse mortgage together to ensure a spouse can continue living in the home even when the other spouse has to move out for care outside the home. However, the amount paid to the borrowers is reduced each month because the life expectancy of both borrowers is factored into the equation. On the flip side, if only one spouse is listed as the borrower, should that spouse have to move out, the other spouse will not receive any further payments because the borrower MUST live in the home while receiving reverse mortgage payments.


There are many options when it comes to considering a reverse mortgage. If you are older than 62, have little to no debt, are in considerably good health for your age, and understand that a reverse mortgage is a loan, but are comfortable that the amount of equity you use will easily be repaid, then a reverse mortgage may open up funds for you to enjoy life during your retirement years.

Here are some helpful links to help you determine whether or not you may qualify for a reverse mortgage loan.


Start the New Year Decluttered!

January 2nd, 2015


Wouldn’t it be great to start the New Year decluttered and organized? Now is a great time to sort through belongings while putting away decorations, and finding a place for those new gifts. We have an easy system for getting organized we share at our seminars, that have helped our clients declutter.

When starting the process of decluttering, perspective is the key. Sorting through treasured belongings can be an emotional process, but it doesn’t have to be done in the framework of ‘throwing away.’ Here are a few ways to make decluttering easier and less emotional.



To eliminate the overwhelm that can occur when decluttering, begin with the least used room in your house. This allows you to feel successful right away because there are minimal items to sort through. Think of a guest bedroom or living room.



Extra drawers in the kitchen can become dumping grounds for all of those extra little things laying around. Take a few minutes to sort through those drawers to eliminate a duplicate purchase of something like batteries or pens. You might be surprised that these drawers hold exactly what you are looking for.



In order to concentrate on a given task, set mini goals and reward yourself when you reach them. For example, when you want to organize your closet, try to do it in sections rather than the whole thing. Sort through your shoes one day and then dresses or coats the next. Reward yourself when you are done which makes tackling the next goal more fun.



Tell a friend or family member that you are decluttering. It might even make the task more enjoyable if you invited someone over to help you get it done by a certain day. Telling somebody about your goals will help you achieve them even faster.



Ask yourself, ‘Do I really need it?’ Most of the time we really think we need something, but in reality we only use it a couple of times, or even just once a year. If you’re decluttering due to a move, ask yourself if it will fit into your new living situation. If it’s a large item, it may not fit into your new home. Asking yourself these questions help you begin the process of decluttering.



  • When sorting through your closet, begin by taking a week to put things you don’t wear on the right side of your closet. After a week you’ll begin to see the things that can be donated or given away to a friend.
  • Use colored dot stickers to sort through items over a period of time. Designate which color is for donating, giving away, throwing away or keeping.
  • Begin with the end in mind. What is the goal of decluttering? What are your plans for the room? Knowing your goal will help you work backwards from there.
  • Make the process faster by eliminating a step. Do you really need to fold all of your clothes, or could they be hung directly from the dryer ready to wear?

We hope these tips help you begin the year decluttered and organized whether you are downsizing or just making your life a little bit easier in the moment. Stay tuned for information about our seminars on decluttering. Happy New Year!


The Giving Key – The Perfect Real Estate Gift

December 30th, 2014


As Christmas comes to an end and we look forward to a new year its a good time to reflect. At our Red Door Team end of the year Christmas party both Sherri & Teresa were so kind in giving us a gift that will keep on giving!

Each key was uniquely designed with a word they thought best described us, as we open these up, each one of us got up and explained what the word meant to us and why we thought they picked it.

This is the perfect gift to give to a Real Estate agent!

We were so lucky to receive such a beautiful gift…. maybe you will be the next one we pay it forward to!?

I encourage you to watch this video to see why and how these keys were made! Love is the Key by Caitlin Crosby:

What is a Continuing Care Retirement Community

December 29th, 2014


A Continuing Care Retirement Community or CCRC’s, provide a lifestyle for seniors that changes with them as they get older. In recent years, CCRC’s have really adapted to this growing demographic by providing a variety of options for their continuing care as they age.

Typically, a senior aged 65+ enters the CCRC in an active state of health and mobility, with the expectation they will live there for the remainder of their lives. A Continuing Care Retirement Community can provide care across all aspects of life from independent living, to nursing or specialty care as they grow older. They also provide an opportunity to socialize and get involved in extracurricular programs.

In order to enter a CCRC, seniors will go through a financial review and health assessments, with payment plans and in some cases, life care agreements.



A life care agreement provides a lifetime use of the community, and depending on which contract is chosen, a person can live there for life even if money runs out. This popular senior living model provides peace of mind in planning long term care.



CCRC’s have many payment options and after careful review of financials and health assessments, a life care plan is designed to best meet the needs of residents.



Cost depends on what type of unit is desired. A larger unit facing desirable views occupied by more than one person will cost more. Here is an example of a Continuing Care Retirement Community we have reviewed:


Entrance Fee – Life Care Agreement

Bayview Retirement Community

$139,000 – $324,000

Based Upon plan chosen for a refund



  • Daily living services
  • Healthcare
  • 24-hour security
  • Dining
  • Housekeeping
  • Transportation
  • Wellness/Fitness Programs
  • Social Programs
  • Entertainment
  • Utilities – except phone
  • 1-3 Meals each day



Most facilities offer a refund the resident or to their estate in the event they should move out or pass away before the contract runs out.



Moving into a CCRC means that people are able to meet other like-minded people. The activities and programs provide a way to expand on a talents like playing the piano or painting. Loneliness is one of the hardest parts about getting older, and these retirement facilities can provide a much needed boost to heart and soul.



Talk With Aging Parents

December 22nd, 2014

Aging Parents

With families gathering together it may be a good time to talk with aging parents about their continuing care. We know it can be a challenging thing to do, but creating a family plan will eliminate hasty decision-making when and if a crisis happens.

Talking with siblings or other family members before talking with aging parents, helps to establish family roles in taking care of them. Who will drive them to doctor appointments? Who will go grocery shopping and run errands for them? Answering questions like these ahead of time can make easier to talk about since these issues already have a solution.

Home Instead uses a ‘40/70 rule’ for successful aging, which suggests children who are around 40 years old talk with parents who are 70 years old. At this age, many parents are still leading an active lifestyle, but may need help in certain areas of daily life, and need to look ahead to the future.

In addition, assess financial statements and insurance records to set a budget for home or community care. Does a power of attorney need to be established? How much money is available for continuing care? Jennie Smith’s ‘Exit Strategies’ is a good worksheet to use to make this task easier.

The goal of talking with aging family members is to eliminate overwhelm if unexpected and quick decisions need to be made. Here are a few ways to approach ‘the talk’ with aging family members to avoid having stressful discussions in crisis mode.

1)    Honesty - It’s important to be open and honest with your family member and let them know what you are observing in their behavior. Address concerns and then allow them to agree or disagree.

2)    Empathy - Imagine being your aged parent 30 years from now, and how uncomfortable it might be to face the unknown, and lose independence. Be reassuring, and offer solutions that reduce the discomfort.

3)    Sympathy - Make sure to let your loved one know that you love them, and that you are here to support them in making these decisions.

4)    Level of Support - Establish boundaries around what you are capable of doing based on things going on in your own life. If you are not able to drive them to places, solve this problem by hiring a driver or having family or friends take on this responsibility.

5)    Clarify - Talk with your loved one about their desires for the rest of their life. Do they want to be in an active community? Do they want to remain at home? Help them to feel like they are being heard and that you are supporting their decisions.

6)    Have a Plan - Most conversations can’t be solved in one gathering, but try to establish a few action items. Small tasks like making phone calls to continuing care facilities, hiring home maintenance, or sorting through and organizing paperwork can be assigned with an end date. Plan to gather again and discuss next steps.

Though this conversation may seem difficult to have at first, if your family is able to see it as organizing for the future, and your aging family members will be relieved.




How to Age in Place in Safety and Comfort

December 15th, 2014


Ninety percent of seniors would like to remain in their homes for as long as possible in safety and comfort. The familiarity of daily routines and the ability to live independently are important for this growing demographic, which will peak in 2030 to 72 million seniors aged 65 and above! What does it mean to ‘Age in Place’  and how can seniors plan to live in their homes for the long term successfully? Here’s what we found out.

Aging in place refers to making slight or more complex modifications to the home, enabling seniors with poor eyesight, reduced flexibility and instability to remain at home through the duration of their lives, or for as long as possible.

Many organizations and businesses have sprung up to serve this segment in home remodeling and modification. Certified Aging in Place Specialists (CAPS) are individuals who have gone through the CAPS program to learn exactly how to serve the aging in place community. Many of these individuals are remodelers, but designers, architects and healthcare professionals are becoming specialists at a growing rate.

A CAPS professional is dedicated to the needs of seniors and are dedicated to helping them at this stage in their lives. Upgrades include installing grab bars in the bathtub, adding a personal alert system, creating non-stick floors, first floor bedrooms, walk-in showers, handrails and even widened doorways for those needing walkers and wheelchairs.

The number one issue for the aging in place is trust. One in five are victims of fraud, so it’s important for seniors to use trusted sources, verify licenses and work with organizations who have already vetted professionals and reviewed work history.

Nectargy is a local organization which has created a network of service professionals who put seniors first, working together and allowing them to age in place safely and comfortably. There are many companies like Nectargy that have screened a list of professionals who know the desires of this age group and are committed to finding them the best professionals to meet those goals. Check with your local home builders association find companies like Nectargy.

The Red Door Team is a proud member of Nectargy and have been screened and vetted as a trusted company in the Bothell, Washington area. If you are needing some advice on how to move forward with plans to age in place, we would be happy to answer questions you may have. Here is a helpful graphic on the statistics of aging in place for you to view.