RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Future Retirees to Retain Lifestyle with Social Security

August 26, 2015 12:18 am

Regardless of generation or ideology, Americans are putting stock in Social Security. According to a recent AARP survey, 80 percent of respondents plan to rely on Social Security, either substantially or somewhat, in retirement, and approximately one-third (33 percent) of respondents plan to rely on Social Security almost exclusively during their retirement.

Why the dependence? Over 80 percent of survey respondents consider it extremely important to have the ability to live independently in their home for as long as they want, and 80 percent want to ensure self-sufficiency so their children or other relatives won’t have to support them financially.

Challenges when preparing for retirement are also a contributor factor, with nearly 70 percent of survey respondents citing current financial obligations as an obstacle to saving. Almost half of respondents say they don’t have enough money left over after paying bills to save, and about 40 percent say they faced a major health issue in their family that has hindered saving.

Social Security has consistently found favor with the majority of Americans over the last 20 years. According to the survey, 66 percent of respondents, many of which are adults under age 30, say Social Security is one of the most important government programs.

Source: AARP

Published with permission from RISMedia.


4 Home Maintenance Projects to Do This Fall

August 26, 2015 12:18 am

As summer comes to a close, this time of year is ideal for homeowners to establish a fall home maintenance checklist. While warm weather still permits, be sure to pencil in these tasks, recommended by the National Home Service Contract Association (NHSCA), before cooler temperatures set in.

1. Turn off exterior faucets. Un-drained water in pipes can freeze easily, which will cause pipes to burst as the ice expands. Start by disconnecting all garden hoses and draining the water that remains in faucets. If you don’t have frost-proof faucets (homes more than 10 to 15 years old typically do not), turn off the shut-off valve inside your home.

2. Remove leaves around your outside unit. The HVAC unit is likely your home’s largest operating system. The compressor part of your air conditioner is located on the exterior of your home and can become inefficient with debris and leaves blocking it. You can even use a wet dry vacuum or your hands to remove the debris from the bottom for manual cleaning. Wear gloves if using your hands for manual cleaning and turn off your main breaker first to be safe.

3. Clean your gutters. Leaves clogging your gutters can cause big problems any time of the year. During cooler months, leaves can potentially cause water to backup into your attic, and even your basement. Be sure to pay particular attention to gutters that have branches directly over them. Not all trees shed their leaves at the same time, so you may need to check the gutters in both the fall and early winter.

4. Schedule a furnace tune-up. A furnace tune-up not only includes cleaning that keeps your furnace running efficiently, but it also catches small problems before they turn into big problems. If you don’t have one already, install a quality carbon monoxide detector in your bedroom and the main area of your home. Be mindful these detectors typically need to be replaced every five to seven years. Batteries in all detectors, including smoke and fire, need to be replaced annually.

Source: NHSCA

Published with permission from RISMedia.