If you are getting ready to retire in the next few years, you are likely thinking a lot about how your financial investments and assets should be arranged to best make the big transition. And if you’re a homeowner, it’s also likely that your house is one of the most valuable assets you have (assuming you are free and clear of a mortgage or have a minimal balance left to pay). So, what’s the best way to handle that asset in retirement?
Should you continue owning your current home for years to come? Downsize to a smaller house that better suits your current lifestyle needs? Perhaps sell your family home and rent an apartment to get out of cumbersome maintenance tasks?
Today’s blog post will help you think about your answers to these questions, as we review some of the ways homeownership wins over renting in retirement for many. And, you may be able to get “the best of both worlds”—homeownership with nearly zero maintenance worries—when you come home to Zerbe’s Independent Living neighborhood here in beautiful Lancaster County!Continue reading Why Owning Your Home In Retirement is Important