This week was the first of two weeks that we are keeping our grandbaby. I've decided that the cliche about grandparents spoiling their grandchildren and sending them back to their parents is misleading. Grandparents really only have a few days of energy to keep up and have to squeeze in as much spoiling as possible before we run out of that energy. But I'll take every second. 😄

"Answering the financial questions now lets you focus more on what you want life to look like."

ERIC BLAKE

What’s the right housing move in retirement?

Sell and rent, or stay put and downsize?

In this episode, I unpack five key decisions that go far beyond dollars and cents, inspired by a real conversation with a client. Whether you're widowed, single, or simply evaluating your next step, this breakdown helps you consider every angle, both financial and emotional.

On this week's episode we discuss:

• How renting can offer convenience, but comes with rising costs and less control over long-term financial outcomes
• The critical role of home equity and the potential strategies to access it, including reverse mortgages
• Tax implications for widows and single retirees when selling a home, including the impact on capital gains
• The importance of lifestyle considerations, like proximity to social hubs or family, when making housing choices
• How emotional attachment to a home can often outweigh financial logic, and how to strike a balance between the two
• And more!

Did you miss it? You can catch every episode of The Simply Retirement Podcast on the website - or on your favorite podcast app. LISTEN ON THE WEBSITE ​​​

• ​Episode 60 Transcript​
• ​#8 - Unlocking Your Home's Potential with a Reverse Mortgage​
• ​#10 - Do I Have to Use a Realtor to Sell My Home?​
• ​#21 - Navigating Senior Living Decisions with Joyce Logan​
• ​#26 - Navigating the Solo Aging Journey ​
• ​Subscribe to the Simply Retirement Newsletter​
• ​Submit a Question for Eric​
• ​Join the Facebook Group​

Have more questions about retirement planning? Just hit reply to this email. I read and respond to every message. 😃

Keeping Retirement Simple,

Eric Blake, CFP®

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