Oct 17, 2024
Whether you're considering downsizing now that the kids have moved out or weighing the benefits of paying off your mortgage, today's episode dives into how you can make informed, strategic decisions about your home that align with your broader retirement goals.
As life changes and your household shrinks, many homeowners find themselves in large houses with more space than they need. While downsizing can free up financial resources and reduce the burden of upkeep, it also presents unique challenges—especially in a market with fluctuating interest rates and rising housing costs. Mark shares insightful, real-life examples of clients who have navigated decisions like these.
Here’s some of what we discuss in this episode:
- Whether or not to downsize, considering today’s market.
- Paying off your mortgage early or keeping as is.
- Purchasing a vacation home or rental home.
- Relocating and considering potential long-term care needs.
Want to get in touch with Mark?
https://retirementhuddle.com/
mark@howardfinancialgroup.com
888-511-7526