7 Reasons You Should Rent a Home in Retirement

1. Gain access to your home equity

senior elder Indian asian business woman money saving
By espies / Shutterstock.com

It often makes sense to sell a home so you can use the proceeds to create a better life in retirement. If there are things you’ve always wanted to do but haven’t, now is the time to do them.

Some people worry that selling their home would leave them with less wealth to pass on to heirs. However, adult children often support their parents’ decision to tap into home equity to make their retirement more comfortable.

So, talk to the kids and consider “7 Unexpected Benefits of Downsizing in Retirement.”

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