Tag: Downsizing

  • Is Moving to a 55+ Community a Good Decision?

    Is Moving to a 55+ Community a Good Decision?

    You or someone you know may be one of the generation of people aged 55+. And you might be thinking about downsizing or moving to a 55+ community. Here, we orient curious readers with the pros and cons, and go over the deed restrictions to understand before and after buying in.

  • What’s Best in Retirement: Owning or Renting?

    What’s Best in Retirement: Owning or Renting?

    To transfer the deed or keep the deed? That is the question. And it tends to come up when retirement age approaches. This phase of life often involves downsizing — to lower the household tax, insurance, and maintenance costs. Paying off the home mortgage can net longtime owners enough to unlock some great options. Rent…