7 Benefits of Renting a Home in Retirement

Owning a home is a great way to build wealth over time, but some retirees find that becoming renters better suits their lifestyle and bank account. Homeownership carries many financial responsibilities. In addition to paying off a mortgage, you have to maintain homeowners insurance, pay property taxes and budget for ongoing maintenance. Renting relieves you of those burdens. Your only concern is…

Original Article Posted at : https://www.moneytalksnews.com/slideshows/7-reasons-you-should-rent-a-home-in-retirement/