Monthly Archives: July 2010

National Active Retirement Community Conference

mature-couple-with-laptop-feaAmerica’s top professionals involved in building for, marketing to and serving people aged 55+ will gather at the National Active Retirement Community (NARA) 11th Annual Business Conference in Columbia, SC October 20-22.

Professionals, academicians, real estate developers, marketers, salespeople, city/town representatives and other business professionals seeking to capitalize on the unprecedented aging of America at our doorstep will attend. Topics will range from internet marketing to strategies to attract retirees to invest in your community. Speakers will also offer advice on how to successfully design, build and market 55+ housing, as well as market 55+ targeted products and services.

“As America ages, we are faced with enormous challenges and opportunities to serve this burgeoning market segment,” said NARA Director Dan Owens. “Every six seconds, an American turns 50 and professionals need to get attuned to this marketplace to be successful in our changing economy.”

“With 70 percent of all assets held by people over 50, older folks play a large role in the economy,” said Owens. “A large number of active retirees have moved in early retirement in the past five years bringing hundreds of millions of investment dollars to states. As the economy starts to recover, you see homebuying being led by those 55+ buyers who have the financial ability to move…and often pay cash for their new home.”

Past conferences have attracted business professionals from 16 states, Canada and Mexico.

Experts from around the United States will be speaking at the Columbia Metropolitan Convention Center. On Wednesday, October 20, sessions featuring two national experts will be open to the public. John K. Lynch, chief market analyst with Wells Fargo’s Evergreen Fund, will give his assessment of the current economic climate as it relates to older consumers. Following Lynch, Dr. Joe Gribbin, head of the masters’ program at the Erickson School at the University of Maryland, will give a detailed presentation about the future of Social Security and Medicare.

Other speakers include:

*Dave Reitz, Chicago, Ill. Formerly a leading executive with Del Webb’s Sun City brand, Dave now works in the residential building market targeting 55+ buyers.

Colin Milner, Vancouver, British Columbia, Canada. Founder and CEO of the International Council on Active Aging (ICAA), one of the world’s visionaries on the health and well-being of the older adult.

*Simon Hudson, Columbia, SC. Chair in Tourism Research at USC. Simon has done extensive research into mature (50+) tourism and will discuss tourism as it leads to retirement in a location.

*John Cromartie, Washington, D.C. A senior demographer at the Economic Research Service, U.S. Department of Agriculture, John has focused on retiree migration to rural areas.

*Gene Warren, Phoenix, AZ. A principal in Thomas+Warren, Gene is a leading authority on where retirees move and why.

*Tom Mann, Baltimore, MD. A principal of TR Mann Consulting and the Tuesday Morning Sales Club. Tom is also a co-founder of the networking group Mature Market Experts. Tom’s clients include senior housing developers, magazines, financial and consumer products and several fitness products, all aimed at serving the boomer and senior markets.

Richard “Dick” Ambrosius, South Dakota, VP, NeoCORTA, an organization committed to assessing and improving brain fitness among older adults.

The Capital City/Lake Murray Country Regional Tourism Board is the host organization and a Diamond Level sponsor. Other sponsors include the Go Texan state retiree attraction program and the South Carolina Chamber of Commerce. All NARA sessions will be held at the Columbia Metropolitan Convention Center in Columbia’s resurgent downtown “Vista” entertainment district.

Summer Camp: A Time of Bugs, Fun and Maybe Even Tax Breaks

Summer Camp feaDepending on your income, you may be able to write off up to 35 percent of the cost of your child’s summer camp. As long as it’s day camp. As long as you haven’t already used up the maximum $3,000 you can take from the Child and Dependent Child Care Credit. As long as you use your child-free time to relax a little. (Okay…the IRS doesn’t require that one, but wouldn’t it be nice?)

Write Off  Your Child’s Summer Camp,”  a post on the

Equifax Personal Finance Blog by tax expert Eva Rosenberg, explains the good and bad news of the summer camp credit. You use IRS Form 2441 to claim the credit on your taxes. Unfortunately for many parents who have children in private school or daycare, the money is already spent in daycare and after school care charges long before summer arrives.

If you read the stipulations on Rosenberg’s post and find you’re eligible, she warns that you should request the camp provider’s tax ID number before you send the child away. Turns out, some of them don’t want to give it out because they’re not planning to report the income.

If you’re part of the sandwich generation providing care for both children and parents, be aware that the same tax credit could apply for the care of adults who are elderly or disabled. Learn more and ask your questions at the

Equifax Personal Finance Blog.