US. Why Owning A Home Can Be A Valuable Retirement Asset

Is home ownership a mistake in retirement? That’s what this article in USA Today claims. In continuing the theme of my last article about not believing everything you read in personal finance, let’s look at some reasons why owning a home free and clear of a mortgage can be one of the best assets you can have in retirement: Your variable costs are lower As the article points out, it’s true that property taxes and maintenance costs increase over time with...