“I often get asked whether it’s better to rent or own property later in life,” says Tony Clarke, MD of theRawsonProperty Group. “In reality, there are pros and cons to both options, and no easy answer that fits all situations. My best advice to people nearing retirement age is to...
There is no one-size-fits-all solution when deciding whether to rent a home or buy a home. It is important to consult areal estate professionalabout what makes the most sense for you. They will help you reflect on all the different factors and ultimately make the right decision for you. ...
In this recession, it is better to be old. Being young has some advantages, too. But, being in the middle of the spectrum―in your 30s or 40s―seems to be the worst place to be. A poll of Americans released this week found people over 65 were generally suffering less from the ...
A retirement plan may be seen as a road map to a comfortable life after work. It entails accumulating enough money to pay for the lifestyle you want to enjoy in the future. Your retirement plan may well change over time, but the earlier you get started, the better. ...
“We can’t seem to make up our minds whether we want a modern city or a traditional one. It’s a conflict that we aren’t getting any better at resolving (解决).” On the other hand, being young and old at the same time has its attractions. I considered this when I met a ...
I was 24 and on a trip with my fiancé to New York City, a place I had never been. It was overwhelming. I was used to riding my horse to the comer store where everyone knew everyone and everything going on in the quiet little town of Driver, Virginia. We went to Little Italy, ...
When it comes to investing, the adage “time is money” rings true: The longer you leave your money invested, the more you should generally expect to earn.Long-term investments— ideal for retirement and building wealth — offer higher returns but you’ll need to deal with their ups and ...
What I wanted to do was just be myself…I know it inspires a lot of the next generation, a lot of people who love the game of basketball to value the skill of it, value the fact that you can work every single day to get better. You’ve got to be able to put in the time ...
Most REITs lease space, collects rent on properties, and distribute that income as dividends to shareholders. A small percentage of REITs, called mortgage REITs, earn money from financing real estate, not owning it. In the mid-2020s, they account for about 4% of REIT assets in the U.S....
Managing retirement accounts Buying or selling property Managing rental properties Paying bills and debts Filing tax returns Making charitable donations When choosing an agent for your financial power of attorney, it’s important to select someone with a clear understanding of your personal finances, you...