Approaching retirement with such limited savings can be distressing. However, you can make several strategic moves to maximize your resources.
Tag: downsizing
8 Effective Strategies for Becoming Debt-Free in Retirement
Debt is a pervasive issue affecting individuals of all age groups nationwide. The burden of high-interest credit cards and lingering student loans can impede the ability of ordinary Americans to purchase a…
Consider Downsizing in Small Steps
Sifting through a lifetime’s worth of possessions can be daunting if you’re downsizing in retirement or cleaning out a loved one’s house after they pass away. In most cases, people won’t buy anything except rare books, vintage vinyl records in excellent condition, or untouched Cabbage Patch Kids.
How To Buy A Dream Retirement Home: 10 Tips For Success
No matter where you plan to retire, whether, in Costa Rica, Arizona, or Colorado, you’ll need a plan. Many retirees buy what they think is their dream home, only to discover that it doesn’t fit their new lifestyle. To make buying a home after retirement feel like a dream, follow these ten steps:
Should You Use Your Home Equity to Combat Inflation?
Image by Shutterstock.com These days, seniors and retirees face a double whammy: inflation is fast approaching 10%, and stock and bond markets have declined by 10% to 20%. Meanwhile, home equity might…
