Entrance fees: Retirement community entrance fees can be costly. Independent living entrance fees, for example, are $152,524. The good thing is you only pay this once, and it may be refundable up to a ...

Choose a home with updated infrastructure to save on future maintenance expenses. Not only can these properties eat into your retirement savings, but they can also become a source of ongoing stress.

Homeownership and fixed mortgage payments provide stability, unlike rentals, which are subject to rent hikes and can be sold by landlords. Renting offers flexibility when relocating, allowing ...

Over the years, after countless aesthetic and maintenance upgrades, you’ve finally decided to retire in your forever home. But is your house ready for retirement? According to AARP, more than 75 ...

Your home is one of your biggest financial assets. If you’re retiring, it may also be more space (and expense) than you need.

and other costs associated with a larger home. Freeing up capital for other retirement goals (more on that later). Simplifying your lifestyle and maintenance responsibilities. Did I mention there ...

The Park at Laguna Springs, located in Elk Grove, California, provides just that — a luxurious and vibrant community for ...

Retirees spend more time volunteering, socializing and engaging in hobbies like reading and home maintenance than younger groups. Retirement offers the freedom to slow down, linger over daily ...