Ep 24: This One’s on the House
Your home is one of the biggest assets in your financial portfolio and there are a lot of decisions to make related to real estate. Let’s talk about the conversations we have with clients about mortgages, rental properties, downsizing, and more.
Read more and get additional financial resources here: https://retirementplaybookpodcast.com/retirement-strategy/ep-24-how-your-home-fits-into-retirement-planning/1333/
What we discus on this episode:
1:53 – Background on the conversation today
2:35 – Pay it off as soon as possible or slowly?
6:40 – Is it wise to downsize?
8:48 – Having the emotional attachment to your home.
10:24 – Good idea to have a rental property to generate income?
12:00 – Real estate as part of legacy planning
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