For $600 or so a year, plus a service fee of around $75 every time you ask for repair, a home warranty can be an inexpensive way to have peace of mind as a new homeowner.

Home warranties cover breakdowns in a home, from HVAC systems to appliances. A broken water heater can be repaired within hours, but if it can’t be fixed, a home warranty can pay for a new one to be installed.

For homeowners with an older house, they may want more things covered than a newer home would need—such as older appliances—and will likely pay more for it. If you just bought new appliances and have a manufacturer’s warranty for a year or more, you won’t need this coverage. You may be able to exclude new appliances from a home warranty to cut down on costs.

Things that can be covered by a home warranty include ductwork, electrical, plumbing, dishwashers, refrigerators, ovens, stoves, clothes washers and dryers, and water heaters.
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Things that are unlikely to be covered include expensive items such as septic tanks, wells, heating systems, pools, garage doors, windows and doors, sprinkler systems, pre-existing conditions, and walls. Coverage for such items may cost more. Roofs may also be exempt, though some home warranty companies sell plans to fix leaking roofs.

Consider Cost
A big factor in deciding if a home warranty is worth buying is cost. Basic coverage can start at about $300 and go up to $600 or more.

Some home warranties charge for a service call, such as $75 or so, while others allow unlimited service calls. Contractors are screened and sent out by the company.

To determine if a home warranty cost is worth it, start by learning how old your appliances and home systems are and if the original equipment manufacturer warranties still cover them. Find out what the expected lifespan of each item is to help you figure out if a home warranty is needed.

Some home warranty companies require annual maintenance on appliances and home systems to keep the warranties valid. Some may ask how long you’ve had them. Don’t expect the home warranty company to pay for the annual maintenance of your appliances or home systems.

Read the contract carefully to make sure that old appliances are covered in the home warranty. Some don’t cover old appliances, such as anything more than 10 years old.

Any home, whether old, new or somewhere in between, will have things break sooner or later. Appliances and home systems only last so long. For $50 a month or so, a home warranty can provide peace of mind when things eventually fail.

While world peace is a great idea, if you want to add a touch of calm to your life, begin with your bedroom. Your room isn’t merely the place to rest your head, it’s where you wake, and the vibe of your room can set the tone for the rest of your day. Below are five tips for bringing a peaceful vibe to your bedroom.

Choose calming colors. While red or orange may be your favorite fiery hue, when picking shades for your room, choose soothing, calm colors like light blue or a gentle gray.

Pick minimal patterns. Keep the fun, funky patterns for the living room throw pillows. Busy patterns can make us feel crowded and overwhelmed, so minimize zany patterns in your sleep space.

Clear the room of clutter. Create a sanctuary in your bedroom by keeping it clear of clutter, from laundry to oversized furniture. Spend a few minutes before bed each day storing any items you pulled out, close the closet doors, put the books back on the shelves and dive into bed with a clear head and space.

Bring in nature. Houseplants can boost mood and pump more oxygen into the room. Choose a few easy-to-care for plants, like a fern or a ficus, and place them where you can see them when you wake.
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Select the right lighting. While blackout shades can be great for blocking disruptive light, it can also negatively impact your sleep patterns by keeping your body from waking at its natural time. Find a set of blackout curtains that filter light but allow you to wake in the morning naturally.

If you’re nearing retirement and haven’t saved much for it, you’re not alone.
Forty-eight percent of workers age 55 or older say they have less than $100,000 in savings and investments, according to a 2016 retirement confidence survey by the Employee Benefit Research Institute.

They may not want to rely on Social Security to fund their retirement. Social Security will replace 39 percent of pre-retirement income for the average worker retiring at 65, according to the Center for Retirement Research at Boston College.

If you’re nearing retirement in 10 years or so, there are still some moves you can make to help ensure you’ll have enough money. Here are four ideas:

1. Save more
This isn’t as easy as it sounds, but it’s the best way to lessen the gap. Federal law allows people 50 and older to “catch up” in retirement savings accounts by increasing the limits on tax deferred savings to a 401(k) plan of $24,000, and $6,500 to an IRA. If your children are out of the house and you’re no longer paying for college, put that extra money into savings.

2. Collect Social Security later
Social Security benefits can be claimed at age 62, but waiting until you’re 70 can increase the monthly benefits by 8 percent for every year you wait when adjusted for inflation.

Almost half of American workers file at age 62. Waiting can especially help married couples, giving a surviving spouse up to 100 percent of a deceased spouse’s benefit.

3. Work longer
Working beyond age 62 helps in many ways. It gives you more time to earn money and contribute to retirement accounts, reduces how long you’ll need to rely on savings before taking Social Security at age 70, and delays claiming Social Security.

Retirement at ages 65 or 67 is becoming more common, and online, part-time jobs can make working later in life easier.

4. Spending less in retirement
A rule of thumb when saving for retirement is that 80 percent of pre-retirement income is needed to maintain your standard of living when retired. But that goal may be overstated.

You may need as little as half of your pre-retirement income, based on data that people spend less over the course of retirement. You may take a few big trips when you first retire, but chances are you’ll spend less as you get further into retirement.

Retirees can save money by moving to a smaller home or a less expensive location, and can save if they no longer have a mortgage.
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I hope you found this information helpful. Please contact me for all your real estate needs today!

Children are often oblivious to the many dangers around them. Accidents in the home are a leading cause of injury and death among children. Here are a few ways to childproof your home and keep your little one safe.

Potential Hazards
Look at your home from a baby’s or toddler’s perspective. Ask yourself: What would catch my eye if I were low to the ground? Look for those things that your child would reach for, pull down, play with or put in their mouth.

When babies are learning to walk, they grab furniture and bookcases for support. Many injuries and deaths occur each year when young children pull on furniture or televisions and the objects fall on top of them. Secure heavy objects to the walls to prevent this. Keep dressers and filing cabinets closed when you’re not using them. Cover sharp corners on furniture to prevent injuries if your child falls.

Use childproof gates to keep your baby or toddler out of hazardous areas, such as specific rooms or stairs. Choose gates that are difficult to climb and do not have V-shaped openings, which can trap children.

Open windows from the top or keep them closed. A screen is not strong enough to prevent a child from falling out of a window. Do not place furniture near windows because that can make it easy for a child to climb onto a windowsill. Children can be strangled by cords on blinds. Use window coverings without cords.

Outlets are a common source of injuries. Children are tempted to play with them and stick objects in the openings, which can lead to electrocution. Use outlet covers with safety latches to protect your child.
Store any medications, vitamins, cleaning supplies or other chemicals in cabinets with childproof locks to keep them out of reach. Properly dispose of any expired medication. Store the phone number for your local poison control center in your cell phone.

A child can drown in just a few inches of water. Never leave a child unattended in a bath, even if he or she is sitting in a chair. Install a latch on the toilet’s lid to keep it closed. If you use a bucket of water for cleaning, never leave it unattended and dump it as soon as you finish. Always supervise a child using a pool or kiddie pool.

Install smoke detectors throughout your house and check the batteries regularly. When your child is old enough, explain the dangers of fire and how to prevent accidents and injuries. Never allow a child to touch the stove. Put away any appliances that use heat, such as a hair dryer and curling iron, when they’re not being used.
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Look Around Your Home
Your child will want to explore your house as soon as they’re able to crawl. Dangers are everywhere, and they will increase as your child becomes more mobile. Take the time to childproof each room in your home to prevent accidents.