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A little tour to the south will enable a very affordable life, according to Dino DiNenna, Realtor and real estate broker with Southern Lifestyle Properties. In Decatur, Alabama, the typical house ...
With low monthly expenditures as well, this is a great place for seniors to retire. Lawrence has the lowest average home value, $293,144, but even Shawnee’s $373,097 is not outrageous, either.
Where you choose to retire will be one of the most important decisions in your financial life. Most people look for things like nice weather, favorable tax codes and access to medical care.
The Seniors Real Estate Specialist (SRES [1]) designation is awarded by the SRES Council to Realtors who have successfully completed coursework on the real estate needs of home buyers age 50+. Distinctive needs, factors, and considerations for this segment of the population include: Housing for Older Persons Act (HOPA) reverse mortgages
With an average annual expenditure for seniors of $20,976, a retirement nest egg of $850,000 will stretch for 24 years in Fort Wayne. 1. Boise, Idaho. How long $850K will last: 22.37 years.
While $1,000,000 may not be enough to retire in cities with high costs of living, like Los Angeles or San Francisco, it's entirely possible to live a comfortable retirement lifestyle with this ...
When seniors apply for a mortgage, lenders look at the same financial criteria as they do for any other borrower, including credit history and score, debt-to-income (DTI) ratio, income and other ...
According to the Bureau of Labor Statistics (BLS), the average American retiree -- 65 years and older -- spends $52,141 a year, or $4,345 a month. However, the cost of living depends on many ...