|
|
Potential for property appreciation and passing down an inheritance.
Liquidity; home sale proceeds can be invested in mutual funds or annuities. When to Consider Buying
: Owning typically provides more space for hosting grandchildren or family events. When to Consider Renting
Rising property taxes and unexpected repair costs on a fixed income. Exposure to annual rent inflation and lease non-renewals. Full responsibility for all interior and exterior upkeep. Maintenance-free living; landlord handles repairs. Equity/Wealth
|
Q & A: Bathing Together With Stepdaughter |
Rent Or Buy In: Retirement
Potential for property appreciation and passing down an inheritance.
Liquidity; home sale proceeds can be invested in mutual funds or annuities. When to Consider Buying rent or buy in retirement
: Owning typically provides more space for hosting grandchildren or family events. When to Consider Renting Potential for property appreciation and passing down an
Rising property taxes and unexpected repair costs on a fixed income. Exposure to annual rent inflation and lease non-renewals. Full responsibility for all interior and exterior upkeep. Maintenance-free living; landlord handles repairs. Equity/Wealth landlord handles repairs. Equity/Wealth