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Personal Finance After 50 For Dummies, 2nd Edition
book

Personal Finance After 50 For Dummies, 2nd Edition

by Eric Tyson, Robert C. Carlson
September 2018
Beginner content levelBeginner
480 pages
10h 40m
English
For Dummies
Content preview from Personal Finance After 50 For Dummies, 2nd Edition

Chapter 8

Making Important Housing Decisions

IN THIS CHAPTER

check Seeing the importance of housing decisions in retirement

check Examining the options of staying put or moving in your golden years

check Knowing what to do if your home drops in value

check Checking out reverse mortgages

check Understanding tax issues that may affect you

Your housing needs change during your life, but they can really change in your retirement years. Life changes — such as ceasing work, kids growing up and moving out, divorce, death of a spouse, and so on — can have a dramatic impact on your housing wants and requirements and ability to afford housing.

In particular, you face significant housing choices during your golden years. Most retirees grapple with moving, possibly downsizing, and moving into retirement communities that may offer health care. This chapter addresses the decisions you have to make and how the choices you make can potentially affect your finances. Additionally, we cover the key tax issues you need to understand ...

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Publisher Resources

ISBN: 9781119543633Purchase book