Nearly everyone wishes to age in place as they grow older. But often, the spacious family house becomes too burdensome, financially and physically, to maintain for individuals over 50.
Trying to determine your next step?
It can entail a complex set of decisions relating to finances, ideal over 50 housing locations and property types, as well as anticipating future needs as you or your loved ones age.
SRES® designee can consult with you to review your current housing situation and outline the topics to weigh as you consider your next move. I will provide pertinent information on 50+ housing trends, financing and market conditions.
I can also develop a team of experts and advisers to help you with every step while you’re exploring your options and determining the very best place to call home.
Many seniors rely on fixed incomes, receiving on average $1,234 in Social Security benefits per month
Clarifying the Financial Picture
Need assistance with sorting out the complex decisions and figuring out what role your real estate investment plays in your overall financial picture? Those considerations include taxes, retirement savings withdrawal schedules, long-term care needs, inheritance issues and others.
SRES® designees understand managing capital gains and the tax implications of owning real estate. I can provide information that addresses a host of issues, such as the uses of pensions, 401K accounts, and IRAs in real estate transactions, and how Medicare, Medicaid, and Social Security affect real estate decisions for senior citizens.