Is Moving Your Retirement Solution?

Link:

The AARP article examines the decision to sell a home as a strategy for funding retirement. It discusses the potential benefits, such as accessing home equity to bolster retirement savings, reducing living expenses, and simplifying lifestyle. The article also highlights considerations to keep in mind, including market conditions, the emotional impact of leaving a long-time home, and the potential costs of buying or renting a new place. Additionally, it advises retirees to assess their overall financial situation and long-term goals before making a decision. Ultimately, the article encourages careful planning and thoughtful evaluation of options to ensure financial security in retirement.