Tag: property tax deferral

Model house on a chalkboard with dollar signs

As retirees live longer, spend more on medical care, and get less income replaced by Social Security, many may need to tap their home equity to be comfortable in retirement.  The most direct way to access home equity is downsizing, but few choose this option because they generally prefer to stay in their house.  T…

Smiling old retirees in hat and casual clothes among green bushes and blue sky

A reporter recently asked me what retirement will look like in 50 years.  At first, I froze.  What insightful comments could I make about retirement communities on Mars?  But once I took a breath, the notion of looking back 50 years and then the 50 years before that provided a framework to consider how things…