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Owning vs. renting in retirement. You can expect that housing costs will take up a significant chunk of your retirement budget, whether you own a home or plan to rent.
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 ...
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....
Owning a home during retirement can offer several advantages, such as stability, potential appreciation, and the ability to build equity. It can also provide a sense of security and a place to ...
As if a big tax bill wasn’t enough reason not to use your IRA to buy a home, the money you’ve used to buy the house won’t be available for your use in retirement, and it won’t be invested ...
It’s important to note that homes don’t offer a return the same way traditional investments do. To reach the Land of the Mortgage-Free, you’ve likely spent years making payments where a ...
Here are five factors Americans 55 and older ranked as the most important when choosing a new home, according to The Motley Fool's research on the best states to retire in. Smiling couple toasting ...
Homeownership in retirement certainly has its benefits. It's the unknown costs that come along with it that can throw your finances out of whack. Most Americans Plan to Own Homes in Retirement ...