Retire On the House: Using Real Estate To Secure Your Retirement
| Author | : | |
| Rating | : | 4.92 (526 Votes) |
| Asin | : | 047173893X |
| Format Type | : | paperback |
| Number of Pages | : | 288 Pages |
| Publish Date | : | 2017-06-28 |
| Language | : | English |
DESCRIPTION:
Use your home to finance your retirement Forgot to save for retirement, but bought a house? Saved a lot and also bought a house? Whatever your situation, Retire on the House can show you how to best use your home equity for a long and prosperous retirement. Filled with valuable insights and practical advice, this unique guide illustrates a number of ways this can be done, including: * Selling your current home at the top of the market, moving to a less expensive residence, and retiring on your profits * Obtaining rental income from your current home by renting to boarders * Remodeling your home into units for much higher rental income * Three options for obtaining cash from your home without selling, remodeling, or renting it * Reducing or eliminating retirement expenses such as taxes * Balancing your real estate portfolio by diversifying with other asset classes Many of today's homes have tremendous value, and with Retire on the House as your guide, you'll discover how to use this value to achieve the retirement you deserve.. Focusing on both retirement and real estate, Retire on the House is designed for retiree homeowners who want to use their home equity to finance their retireme
From the Back Cover Use your home to finance your retirement Forgot to save for retirement, but bought a house? Saved a lot and also bought a house? Whatever your situation, Retire on the House can show you how to best use your home equity for a long and prosperous retirement.Focusing on both retirement and real estate, Retire on the House is designed for retiree homeowners who want to use their home equity to finance their retirement. Filled with valuable insights and practical advice, this unique guide illustrates a number of ways this can be done, including:Selling your current home at the top of the market, moving to a less expensive residence, and retiring on your profitsObtaining rental income from your current home by renting to boardersRemodeling your home into units for much higher rental incomeThree options for obtaining cash from your ho
He is also the author of three other books on retirement and investing. He served as the SmartMoney expert on early retirement for the weekly SmartMoney primetime chatroom on AOL and has been a guest on many local radio programs. Keene is also a California-licensed real estate broker, teacher of CFA review class
Great book on important subject If you or anyone you know has questions about real estate and the investment aspects of it - particularly as they get older then this is the book. After reading it, I decided to give copies of it for Christmas to my parents and my inlaws.It does a great job of laying out the options homeowners have of using their single family residence as an investment. The real life examples of using home equity with a variety of reverse mortgages, interfamily loans and home equity lines of credit were very useful. It helped clarify a dizzying array of options available to me and others as a homeowner w. "I recommend this book to anyone who owns a home" according to Lincoln Walworth. This is the first book I have seen that clearly describes the many ways one can use home equity as a source of retirement income. With Social Security diminishing in importance, shrinking corporate pension plans, and a volatile stock market, using one's home as an investment can be the cornerstone of a comfortable retirement for many Americans. The authors provide very practical ways for using home equity to enhance retirement, including: renting, selling high and moving to other "value" areas, private annuity trusts, interfamily loans, and sales and reverse mortgages. I like that the aut. Marian Lindner said A great resource with tons of tips and suggestions.. I love this book because it is well-written and market savvy, but it doesn't talk over my head. The suggestions for how best to utilize my real estate equity are clear and forthright. The predictions for new up and coming areas to purchase in are so helpful(and worth the purchase of the book alone.) Also, the various strategies for planning for retirement make this book an absolute must-have for anyone who owns or dreams of owning a home. I highly recommend this book. As far as financial books go, this gets my highest rating!