As retirement approaches, the decision between renting and owning a home becomes increasingly significant. While ...

The average cost of renting in the U.S. is $2,072 per month. The average cost of a mortgage is slightly lower, at $1,907 per month. Still, prices vary across the country. The decision to rent or buy ...

Many people buy homes in their 20s, 30s, or 40s and then opt to stay put in retirement or downsize if they don't need as much space. But what if you've never owned a home before and are reaching ...

Older Americans increasingly rent for financial reasons, flexibility, and amenities. The number of renters 65 and older grew by 30% from 2013 to 2023. Tom and Jeanne Skellan were homeowners for more ...

There’s a quiet and potentially profound shift unfolding in the housing market: The rise of the retiree renter. Older adults typically own their home in retirement, and that’s still largely the case.

I am 64 and hope to retire next year. I have $140,000 in savings and about $260,000 in my retirement fund. I take in about $2,200 in monthly rent from four properties and will get about $700 in Social ...