Tane Cabe
Retirement Lifestyles

Double Your Retirement DollarsDownsizing has become the desire of many Baby Boomers and mature Americans. They have raised their children in the family home, worked hard to pay off or pay down their mortgage and are ready to sell and move to their retirement dream home. Unfortunately for many, it can be difficult to make the finances work. Do they sell the home and pay cash for the new one, get a small mortgage, or just stay? According to the Demand Institute and American Housing Survey, 64.5 percent of homeowners age 62 and older own their homes free and clear and over 40 percent of them have a desire to move and purchase another home. The truth is it’s much easier than ever to make the move. read more »

 
Syndicate content