Purchasing a home, especially as a young person just entering the full-time workforce, might not seem like a wise decision. You’re just getting out on your own! However, it might be a very pivotal decision for your financial security and future retirement. Based on the shortage of rental units needed for the demand of the […]
For many individuals, planning for retirement is a priority. You want your retirement to be comfortable and secure. Of course, traditional investment options such as stocks and bonds play a crucial role – but rental real estate holds another great avenue. Let’s explore together the 12 key benefits of investing in rental real estate for […]
Some homeowners decide to downsize – normally in their 60’s and 70’s – to smaller homes for reasons such as convenience, less maintenance, a change of lifestyle or even to just save money. Those homeowners are more likely to have large equities and don’t normally feel the same constraints as younger homeowners, including the substantial […]
August 14, 1935 – this date was the establishment of Social Security, which was a breakthrough movement in caring for our country’s elderly during their retirement years.Today, about 65 million or 1/6 of Americans collect benefits and the average monthly retirement amount received in January 2022 was $1,614 per month or about $19,370 per year. […]
Been thinking of downsizing? This actually could be a good time to put those thoughts into gear. Especially right now, selling and buying a lower priced home in an “Up” market can be to your advantage. See, the advantage is to maximize the sales price on your existing home and replace it with a less expensive […]
If you have a good job and good steady income and a qualifying retirement program, you may be able to buy a home. The rules differ between a Roth IRA, a 401(k) or a traditional IRA With a 401(k) account, you can borrow up to half of the balance or $50K, whichever is less, for […]
