This article explores the financial implications of downsizing and leasing out the old house versus selling and buying a new one for retirees. Weigh the pros and cons to make the best decision for your golden years.
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Here Is What You Should Consider If You Are Within 5 Years Of Retirement
It may take decades throughout a career to save for retirement, but a tiny and well-defined planning window leading up to a person’s elder years is crucial. Three to five years before your projected retirement date is a good time to fine-tune your strategy, assessing everything from your financial objectives, likely lifestyle changes or decisions, and frequently missed non-financial factors.
