There has been an assumption made by many when looking forward to their retirement: they would downsize their home and pocket the savings. After all, most people have a small (if any) amount saved up for retirement. For those who are fortunate enough to own a home, that home is their largest asset. Cashing in at least part of that asset might be the only way for them to have cash above and beyond their Social Security income.
Will retirement communities meet your lifestyle goals? Do you know what kind of lifestyle you want now, and in the future? These are the types of questions the Silverman household had to ask themselves before their recent move.Read More