What Should You Do With Your House in Retirement?
Money Wisdom
English - July 21, 2023 16:00 - 25 minutes - 23.6 MB - ★★★★★ - 19 ratingsInvesting Business News Business News cfp retirement wealth joeljohnson moneywisdom Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Housing will always be one of the biggest pieces of the financial plan, but we’re getting a lot of questions from retirees about what to do with their home now that they’ve retired. There are four main options that most people choose from so let’s explore those today and discuss the pros and cons of each decision.
Here are some of the things we discuss in this episode:
0:55 – What you need to weigh when staying in your current home 3:04 – Should you downsize? 6:31 – Pros and cons of retirement communities 8:23 – Does it make sense to become a renter?
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