Is Renting the Secret to a Stress-Free Retirement for Empty Nesters?
As empty nesters consider downsizing their homes, an important question arises: Should they buy or rent? While long-time homeowners may be reluctant to consider renting, several factors should be considered before deciding. Financial considerations, expected duration of stay, and personal preferences all play a role in determining the best choice for empty nesters looking to transition to a smaller space. Selling a large family home can provide a substantial cash influx from a financial perspective. …