Ask Terry Questions I am 78 years old and in pretty good health. If I sell my house for 375K, would I be better off buying or renting . My property Taxes are $7000 a year .

I am 78 years old and in pretty good health. If I sell my house for 375K, would I be better off buying or renting . My property Taxes are $7000 a year .

By Terry Savage on March 26, 2024 | Housing / Real Estate

Am I better off making a lateral move selling my house and purchasing a condo or should I be renting?

Terry Says

Gosh, this is a very personal decision and you should have counseling from an overall financial planner –someone who is not trying to sell you something. Find one you can trust here — at Wealthramp.com.
You will be matched with a fee-only FIDUCIARY planner who is on your side. This involves a discussion of your goals, your health, your family, your future income streams that you can count on, your current investments. In other words, it’s a “big deal.” Treat it as such.
And please write back and let me know about your experience.

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