Maintaining Your Home In Retirement

Maintaining Your Home In Retirement

  Home maintenance is a big expense that needs to be factored into your retirement plan. When approaching retirement, most of us will try to calculate our future expenses and pad our nest egg to live comfortably in the coming years.  Retirees often have a fixed income with little flexibility, and unforeseen expenses can often turn into crisis.  Unexpected home repairs can throw a big wrench in your retirement budget and are one of the top challenges for retirees.  The Society of Actuaries, a trade organization, found that 20% of retirees cannot afford to spend $1,000 on an unexpected expense. Plan...Read more