Valley News -

By Eric Kearney
Special to Valley News 

3 things retirees should consider when deciding whether to rent or own a home


Last updated 5/9/2018 at 12:47am

Home ownership has long held an honored position as an integral part of the American dream. 

But when retirement time comes, rethinking that dream could be in order. Sometimes renting a house or apartment is the better bet both financially and in terms of the retiree’s changing lifestyle and health.

 When people plan for retirement, they focus on things like how much they have saved, how much Social Security will pay, and whether they have pension. But as you get older, you also need to think about such issues as whether you can keep mowing the lawn or handling other day-to-day chores t...

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