5 Advantages to Rent vs Own a Home in Retirement

Have more cash flow and a more flexible retirement when you rent
► Why home equity is not a good thing - it earns 0%
► The hidden cost of owning vs renting
► How to inflation-proof your income for rent increases
► Rents are 46% less than owning in many areas
► Enjoy fewer headaches and a more flexible care-free retirement
► Why the tax benefits of owning are much smaller (or non-existent) in retirement
==================================================================
Join our Facebook group and interact with others who share similar concerns and questions about retirement / retirementcrusaders
Download our free booklets on 10 different retirement topics www.retirementcrusaders.com/r...
====================================================================
Any products or services mentioned below may provide retirement crusaders compensation. These are the services we like or use and recommend:
====================================================================
Interactive Brokers
We keep our investments at this firm because if we ever need cash, we do not need to sell at the wrong time. We can borrow money from our account at dirt cheap rates. Even now, with interest rates "high," the rate is about 4% to borrow funds. Use this link and get up to $1,000 of Interactive Brokers Stock
ibkr.com/referral/larry410
Quicken
The easiest way to track your retirement finances as the software automatically download data from your financial institutions
quicken.sjv.io/c/3553828/9131...
SeekingAlpha
If you want to find great investment ideas with analysis from other investors as well as professionals, SeekingAlpha is a must-have subscription. We use this to identify great retirement investments with safe, high dividends.
www.sahg6dtr.com/BXCXC4/R74QP/
Watch These Related Videos:
👍 Why Congress Needs to Cut Your Social Security Benefits
• Why Congress Needs to ...
👍 3 Best Dividend Stocks for 2023
• 3 Best Dividend Stocks...
👍 Problems with the 4% Rule for Retirement - How to Make Retirement Savings Last
• How to Make Retirement...
👍 Three Best Dividend Stocks for 2023
• 3 Best Dividend Stocks...
👍 Easiest Ways to Generate Side Income in Retirement - Retirement Jobs
• Jobs for Retirement - ...
👍 Fix Your Retirement Finances - Use the Bucket Strategy
• How to Invest in the S...
👍 How to Recession Proof Your Investments
• How to recession-proof...
👍 Retirees Spend Less When They Retire -- How to Retire With Less or Retire Early
• Retirees spend less money
👍 Retirement Planning at 55 - Steps to take with 10 years to retirement
• Retirement Planning at 55
👍 Retirement Age--at what age can you retire? How to figure it out
• At What Retirement Age...
No video on our channel Retirement Crusaders is intended to be investment or retirement advice. These videos are for general educational purposes and not meant to advise you on your individual circumstances. Please consult a professional.

[@debbiewechter9718]

My home has been paid off for years. I could probably list it for $850,000.00. We pay $11,000.00 a year in property tax. We have gas, electric, water, cable, insurance. We found a place to rent $2800.00 a month. But we didn’t think renting was smart since our home has no mortgage. I just had to replace my air conditioner. $5,300.00. We retired Dec. 2023.

[@RADS8781]

Thanks for the video! I retired a year ago, after selling my home and a rental I had. I don’t regret a second having done so!

[@retirementcrusaders]

Great job! May I ask, what part of this decision has most surprised you (for the better)?

[@ancientanomalies]

Just what the doctor ordered video for me anyway! Brilliant and clearly presented facts that have made me decide to rent and invest....it makes 100% sense!, thank you!😊

[@retirementcrusaders]

Glad it was useful!

[@dee4435]

Living in a condo, I pay almost $400 in HOA monthly fees. So that chunk of change can go towards my rent when I retire in 2 years.

[@Seniorleads]

you also do not pay property taxes as a renter and renters insurance is less expensive than homeowners insurance

[@KaiSosceles]

Great tips. Most I had never considered and well worth considering. Thanks for putting this together.

[@retirementcrusaders]

Our pleasure!

[@terryregan5772]

I really enjoyed your video and am concerned about the comment you made near the end. Where my wife and I live rent is about double out current mortgage. What do you think?

[@retirementcrusaders]

With rates so much higher today than when we created this, it does make sense to reconsider. I'd have to know more about your situation to make a recommendation.

[@DLFfitness1]

Most people retire too early with no plan. Unless you have money for repairs and upkeep, your home can quickly become a dump. Taxes and home insurance also increase. There is no scenario that avoids change. With climate change, you may have some major repairs in your future.

[@retirementcrusaders]

Good point.

[@tecomaman]

i live in my fathers house which is sold and need to decide to rent or buy an apartment between now and 6 weeks ,if I buy I will spend half my money ,I am 72 ,I could live anywhere in the future even overseas ,but a permanent bass could be good

[@retirementcrusaders]

Sounds like you have a good approach.

[@tecomaman]

@@retirementcrusaders I can buy an apartment for $250 K in a hotel rather than $450k as was thinking

[@user-hq5oy8dk2o]

I disagree with several points in this video; To each its own!! I retired and sold my home in an over inflated area relocated, took the profits, and purchased a smaller home cash !! No monthly payments, and it makes sense...🤔

[@retirementcrusaders]

Sounds like you failed to watch the video all the way through. We make that EXACT point. Please see me after class!

[@user-hq5oy8dk2o]

@retirementcrusaders Seems like you failed reading 📚 comprehension or understanding how to verbalize your own thoughts!! I wouldn't waste time seeing you after class or anywhere else. This video seems to be 👀 seeking self validation!! SMH

[@Green-jl9yh]

It really depends on person I sold my house and get income to Pay for 55 plus apartment with No headache and great amenity and The most important There’s always Something to do somebody to talk I don’t want to spend my retire time Sitting on house alone and What am I going to do today and just wait for die

[@itguru2037]

My mortgage payment is 1950. I can rent my house for twice that. Going to stay home

[@retirementcrusaders]

Sounds very reasonable all things being equal.