Buying Your Retirement Home Before You Retire

29/05/2025 29 min Temporada 6 Episodio 19
Buying Your Retirement Home Before You Retire

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Episode Synopsis

click here: Leave a text, tell us what you likedThis emphasizes the advantages of buying a retirement home before you retire, citing benefits such as easier mortgage qualification due to steady income and the potential for better interest rates. It explores financial strategies for managing the purchase while still working, including using existing home equity or select retirement funds for a down payment. The article also considers whether to rent out the property before moving in and the importance of planning for the physical move and handling the existing property. Finally, it highlights the Mississippi Gulf Coast as a potentially affordable and desirable location for retirement, listing reasons like low property taxes and the absence of state tax on retirement income.RetireCoast.com has produced this podcast based on an article at RetireCoast.com.  We encourage you to visit our website and similar articles.  Enjoyed this episode? 🎙️ Don’t forget to subscribe to the RetireCoast Podcast for more conversations on retirement planning, small business growth, and life on the Mississippi Gulf Coast. 👉 Visit RetireCoast.com for in-depth articles, resources, and guides on topics we cover here. 💬 Have a question or want us to cover a topic? Email us at [email protected] or join the conversation in our Facebook group Business After Retirement: Start, Manage, Succeed. Disclaimer: This podcast is for informational purposes only. It should not be taken as financial, tax, or legal advice. Please consult a professional before making financial decisions. Keywords: Big Beautiful Bill 2025, Social Security changes, retirement taxes, small business incentives, retirement planning, Medicare and seniors, financial security in retirement, small business growth strategies.