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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 ...
It’s also important to budget for these additional healthcare costs and understand your retirement community likely won’t cover them. Learn More: Retirement Planning: How Much the Average ...
Owning a home takes work, and it’ll only get harder with age. So, rather than stressing over property landscaping, broken furnaces or a leaky roof, it may be a more worthwhile investment to kick ...
The Redditor said that he and his wife currently own their home and have enough retirement income to cover their expenses. However, they live in a small town far from their two children and ...
There is also an in-home monitoring system that can inform family members about an older relative's daily activities, health status, and potential problems. This would allow older adults to remain in their own home while still maintaining their independence without their families having to worry about their well-being.
After 42 years of writing rent checks, Andrea N. finally decided enough was enough. At 68, she took the leap into homeownership — something plenty of people told her was impossible in retirement
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