REAL ESTATE and RETIREMENT

As baby-boomers advance into their retirement years, many will face decisions about their living arrangements, such as whether to retrofit their current home to address mobility issues, or downsize to embrace a less demanding lifestyle. Whatever the expectations, it is wise to plan ahead and budget for the future, when issues like health, self-sufficiency and social interaction may take on new or more critical importance. If you're a long-term homeowner, you'll have likely built up equity in your real estate investment, which puts you in a more favourable position to free up funds to meet your goals. So, whether you're planning extensive renovations or extended vacations, its wise to determine your home's current market value compared to the cost of your long term plans in order to determine your financial leverage. Since real estate is an investment that can be liquidated relatively quickly, you might also consider selling or refinancing to release funds to address not only your future lifestyle needs and preferences but also personal desires to donate to charities or plan for family inheritances. 

Most likely you have already a plan for your retirement. I can help you with this by giving you the best and most honest advice when making real estate decisions- whether you would like to start investing now or determining your position in the market with regards to your real estate investment.

Visit my website www.debbieasmith.com and let's get started!