How To Guides

Is it a good idea to rent in retirement?

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Created: 24 March 2023 24 March 2023

Renting in retirement is a common choice for many people. They don’t have the financial means to buy homes. Financial planners agree that renting is more sensible than buying in certain circumstances, even for those who can afford homeownership. Renting allows you to be flexible and free from the hassles and costs of owning a […]

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Reverse mortgage: What it is and how seniors use it

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Created: 22 March 2023 22 March 2023

Without regular income, it is possible to have financial difficulties after retirement. A reverse mortgage may be an option for homeowners who want to manage their financial problems. What’s a reverse mortgage? Reverse mortgages are home loans that allow homeowners aged 62 or older to take out some of their equity and then convert it […]

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Myths and reality about Millennials and homebuying

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Created: 22 March 2023 22 March 2023

Study: Many Millennials want to be homeowners, but believe it’s impossible One common theme in this age is that millennials are abandoning the home-buying habits of their grandparents and parents. According to the narrative, millennials are living longer in rented apartments, paying student loans, and still living with their parents. It seems that they don’t […]

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What is a Bank Run?

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Created: 22 March 2023 22 March 2023

What exactly is a bank ran? Here are some examples of bank runs. What’s a bank run? Bank runs are when customers, or depositors, attempt to withdraw money from a bank. They fear that the bank will fail. Generally, a bank run occurs en masse. Bank runs are a mass of people trying to get […]

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