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Oct 31, 2022 · Here is how to decide whether to buy or rent a home for retirement: People who sell long-term homes may be subject to taxes. Renting may be a better option for people who are relocating....
Apr 20, 2024 · Owning a home in retirement can offer stability, tax benefits, and equity, but renting can be more flexible and less expensive. Compare the pros and cons of renting vs. buying a home for retirement, such as housing costs, maintenance, investment opportunities, and liquidity.
- Jim Probasco
- 2 min
Feb 23, 2023 · Real estate agents can help break down the costs and conveniences of renting vs buying, and help guide you towards the option that best suits your financial circumstances and long-term retirement objectives.
Mar 23, 2023 · Some people rent in retirement because they don’t have much choice; they can’t afford to own homes. But financial planners say renting can make more sense than owning in some circumstances,...
Sep 8, 2023 · Donna LeValley. Now that the kids are gone, you no longer need a five-bedroom home with a big backyard. It’s expensive, too. But when it comes time to downsize, you need to make an important...
May 24, 2021 · Renting temporarily is fine if you want to try a new location or if you anticipate moving frequently early in retirement. But the longer you rent in retirement, the riskier it becomes. Buying...
Feb 15, 2023 · If you're retired, should you buy or rent a home? Here are some things to consider before choosing. 5 minute read. Jump To… The Costs of Owning a Home vs. Renting. More Than Just Money. How much will you actually be at the home? How much liquidity do you need? How much space and privacy do you need? How important is stability?
