Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter


Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.

²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.

³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.

4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.

Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

Virtual Retirement Villages Let Older Americans Age in Place

Written by Susan Johnston on November 5, 2013 in Retirement  |   4 comments

As millions of baby boomers approach retirement, many are facing some harsh financial realities after the economic roller coaster of the previous several years. Many soon-to-be retirees have had to put their retirement planning efforts into overdrive in order to recover from recent economic turmoil…

retirement planningAs millions of baby boomers approach retirement, many are facing some harsh financial realities after the economic roller coaster of the previous several years. Many soon-to-be retirees have had to put their retirement planning efforts into overdrive in order to recover from recent economic turmoil and account for higher healthcare and living costs.

The National Investment Center for the Seniors Housing & Care Industry reports that the average entrance fee for a continuing-care retirement community is over a quarter of a million dollars (and that doesn’t include ongoing costs after you move into the community).

Even if they can afford this fee, many retirees simply don’t want to give up their homes or their independence to move into a retirement community or assisted living facility. According to a 2010 AARP survey, 96 percent of Americans over the age of 65 would like to continue living on their own as long as possible, rather than move into a retirement home or impose on friends or family.

These are just a few of the factors that have spurred the creation of virtual retirement villages across the country.

Virtual retirement villages allow seniors to age in place

For a fee, these grassroots communities typically provide older Americans with cultural activities; referrals to vetted providers, such as plumbers or hospice organizations; and a support system so they can continue aging at home.

Of course, the specific offerings vary based on member needs and input. “We have a saying: ‘If you’ve been to one village, you’ve been to one village’,” says Judy Kinney, executive director of a village called North East Seattle Together (or NEST), which launched in February 2012. “Each one is different and reflects where we are and the people who put it together.”

NEST has about 60 members, and it provides enrichment and wellness activities and services like yard work, rides, pet care, errands, and computer help through a network of volunteers.

The first of these villages, Beacon Hill Village, enrolled its original members from the Boston neighborhood of Beacon Hill in January 2002 and now serves hundreds of members. “It helps all of us stay in our homes, engages us, and connects us with new friends, the neighborhood, the family—and gives us meaning,” says Beacon Hill Village’s founding executive director Judy Willett.

As the population ages, the popularity of virtual villages grows

Willett is now national director of the Village to Village Network, a national network that grew out of Beacon Hill Village and that advises other communities on creating their own villages.

There are currently 120 villages open around the world—three outside the United States—with about 25,000 total members. Some villages are in cities, but others serve more suburban or rural populations. Members range in age from under 50 (some villages are intergenerational) to over 100, but the average age is around 75, according to Willett.

“Life spans have been extending, and the definition of old age extends over more years now than it used to, so people can cope with some problems for a very long time without leaving their homes,” says Victor King McElheny, president of Cambridge at Home, a community McElheny and his wife Ruth helped found in 2007.

Cambridge at Home serves around 200 households in Cambridge, Belmont, Arlington, Somerville, and Watertown, Massachusetts. As of October 1, dues for the village are $1,300 a year for couples or $1,000 a year for singles, which includes access to exercise classes, grocery shopping rides, referrals to vetted suppliers (some with member discounts), and cultural events, such as trips to museums or music festivals.

“The aim is to enable elders to remain safely, affordably, and confidently at home as long as possible, rather than uproot them from familiar surroundings, friends, and activities to take up residence in a retirement community,” McElheny says. “It puts the home at their backs so that they are freer not only to enjoy themselves but [also] to be participating members of the larger community. That’s one of the huge benefits of these villages.”

NEST’s Kinney stresses that these villages exist to complement—not replace—any care or support members are already getting. “When someone joins, people have their kids and their families and their neighbors,” she says. “When they become a member of a village, they don’t lose those, they just bring someone new to their team. Their team is enriched and their life is enriched.”

Susan Johnston is a Boston-based freelancer who has covered personal finance for numerous publications including Bankrate.com, The Boston Globe, Learnvest.com, Mint.com, and USNews.com. Find out more at www.susan-johnston.com.

The information contained in this blog post is designed to generally educate and inform visitors to the Equifax Finance Blog. The blog posts do not give, and should not be assumed to provide, personalized tax, investment, real estate, legal, retirement, credit, personal financial, or other professional advice. Before making any financial decision, you should always consult with the appropriate professionals who can explain your options, rights, and legal responsibilities, and advise you on any tax, legal, credit, or business implications that may result from those decisions. The views and opinions expressed by the authors of blog posts are their own views and may not be the views or opinions of Equifax, Inc. and/or its affiliates.


  1. Shirley Brown says:

    More and more of these types of Villages are needed all over the United States.
    A safe and friendly environment that seniors can be comfortable in. Michigan could truly use them.

  2. Cathleen S. says:

    Where do people find these?

  3. Pat m says:

    So…where do people find these???

Leave a Comment

Name :

Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.

Retirement Archive