Why Baby Boomers Should Consider Selling Larger Homes
There are a lot of baby boomers who are at the point where they want to retire. Unfortunately, statistics show that many of them do not have substantial savings set aside. The one thing that is helping baby boomers is the equity they have in their homes.
Thankfully, they purchased their homes decades ago when the price of homes was much lower. Now, there is a high demand for homes. With careful financial planning, they can sell their homes quickly for a substantial amount of money and use that money as part of their retirement.
Some Benefits of Downsizing
When baby boomers purchased their homes, they did so looking for ample space to grow their families. Now, their families have moved on…
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