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Retired couple with nearly $1M in savings asks Suze Orman if they should buy or rent their retirement home ... many senior communities are reluctant to bring in people with major health issues, so ...
Buying a home is generally less risky than renting in retirement, since the cost of rent can be more volatile than home ownership. But it’s not without risk, especially if you don’t have the ...
The question of whether to rent vs. buy after relocating isn't so simple, because there may be a different answer in the short term vs. the long term. The short-term answer is that it makes good ...
This can be much cheaper than moving to a retirement home. Living in an independent living community can cost from $1,500 to $4,000 a month, and seniors residing in assisted living facilities have ...
As the country patiently waits for the housing market to rebound, older Americans are finding it more difficult to get approved for mortgages -- whether for new home purchases or refinancing. Even...
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When considering options for cutting costs during retirement, downsizing your home can be a good place to start. You might find renting attractive if you like the idea of lower maintenance costs ...
The ability to manage your living conditions and set long-term financial objectives might be more valuable to you than the immediate savings from renting. ... The answer to the rent vs. buy debate ...
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