This is what happens to you when you try to do things right. If you want to have some more fun, call your mortgage company and tell them that you are going to start a business in your home. (If you take out a business insurance policy, the mortgage company will, of course, find out that you did that, because they require insurance to be in force as a condition of your mortgage.) There are probably provisions in your mortgage that prohibit turning your home into a place of business. Your city officials may have something to say about it as well, even though you won't have any sign or other exterior evidence of "a business." Before you call anyone else, read your existing homeowner's policy over VERY carefully. You may well find that there are loopholes that could allow occasional business use of your home. It's not like your husband is going to put up a big sign and turn your house into a full-scale business. (Zoning wouldn't even allow that, of course, unless you already live in a commercially-zoned area.) Many of the things people do are probably in some technical violation of a mortgage, insurance policy, or local zoning rule. I'm not saying this is okay, or that people just should ignore these types of things, but there is a reasonable threshold of common sense you have to consider. My position at this point would be that what your husband proposes to do is on a very small scale. If it really takes off and he has customers showing up every day, he'll probably want to take this out of the home into a proper commercial location anyhow.

Your answer is why I suggested getting into some of the para-professions. It's NOT unusual for people in their 50's and 60's to get into those fields AND GET JOBS. My dd messed around for about 3 years, before settling on opticianry in college, even so, she was the youngest one in her major--by about 30 years! Most of the other students were in their 50's and 60's and yes, they did fine and got jobs in their new fields. I know you don't want to hear this--I wouldn't have at your stage of life--but the 'caring for older parents' situation isn't going to be for forever. I took care of my mom for about 13 years, had a short year 'off' when my aunt's health took a turn and I becaue responsible for her--but only for about 2 years. Now, DH and I are in our early 60's and relatively responsibility-free as all the older generation is now gone. You want to start preparing now for that time, truly. We're lucky, because with the way our finances are set up, we are able to get buy on SS and DH's pension. Do you have pensions at your place of employment? If not, do you have enough savings that you can live off the interest? keeping the principal in case you need it to fund assisted living/nursing home care down the road? At age 50--YOU have enough time to get a job that will give you at least a small pension by the time you're in your mid-60's. Dsis was just about your age when she started working at the Post Office as a mailman--another example of the fact that there are decent jobs out there for older folks. You just have to find one that allows you to be a bit flexible. One thing that leaps to mind is being a CNA--only takes a short time to become qualified, would help you care for your parents, and the hours are VERY flexible.

I've been paying roughly $1000-$1200/month for myself since my husband's retirement over ten years ago. That does not include kids. We covered them on student health plans, which turned out to be cheaper in sum. I can give you a couple of tips: Don't bother with the Federal Health Exchange site unless you will qualify for a supplement of some kind. It's not a terrible site, but you'll have to do everything yourself. You are better off contacting a local insurance broker (I found mine on NextDoor). It may end being a very simple decision because in many markets there is only one company that sells to non-group members. So I can buy a gold, silver or bronze plan, but only from Community Health Choice (Houston suburb). My plan offers a 10% discount for completing an annual survey. I'd had the same plan the year before but never knew about that discount until the agent told me -so ask about that. Try not to panic when you read the crazy deductibles. I think mine is $5000 (whereas ten years ago, it was probably $500), but so much preventative care is now covered pre-deductible, thanks to Obama care, that I think I'm spending less out-of-pocket than I did before. But I'm a pretty healthy person who doesn't use a lot of medical services except preventative, so your mileage may vary... When I first began to buy my own insurance plans (after DH's retirement), I made the mistake of picking the plan first, rather than the doctor. The last few years (when I had a choice of at least 2 companies to choose from), I compiled a list of at least a dozen primary physicians I could abide, and then called their offices to see if they were accepting new patients, when I would be able to get an appointment, and whether they had any plans to cancel coverage with insurance company X the next year, etc. I had learned the hard way (in January), that I may have had a great plan, but I couldn't find a dr. on that plan who would see me as a new patient before August. I kid you not.....So that year, I was paying $1200/month and actually didn't have a dr. I could see until August.....

Yes, spam! ***** Super priority and extended super priority lien coverage is available in Canada. Super priority liens take precedence over all other liens against the property regardless of when they are registered. These are typically charges by government bodies. They don't have to be registered and there is no central source to find out about their existence. With coverage, you are compensated if a super priority lien would otherwise reduce or eliminate your equity. This protects property buyers and lenders. For example, our co. registered a second mortgage against a home. It went into default. When our solicitor checked title, he found a CRA (Canada Revenue Agency) super priority lien suddenly registered. The borrowers, who were in good standing when we loaned them the funds, had "overlooked" some $200K in income taxes the following year. They managed to refinance with another lender. But if they hadn't and the property were sold for a loss due to the $200K in back taxes and penalties, we would have been out those monies. Super priority liens and coverage exists in the US as well.