Category: retirement guide for women

How to Evaluate the Value of Your Home in Retirement: Key Questions to Ask Yourself 

As you transition into retirement, one of the most important decisions you’ll face is whether your home still serves your needs. For many, the home holds a lifetime of memories and attachments. But as your lifestyle evolves, the practicalities of maintaining your home may no longer align with your goals and needs. Evaluating the value […]

3 Real Scenarios When Deciding to Keep Your Home in Retirement 

As you step into retirement, the question of whether your home still meets your needs becomes increasingly important. It’s not just about the financial cost, but about how your home aligns with the life you envision for yourself in this new phase. Three individuals—Ed, Marguerite, and Evon—each took a different approach to this critical decision. […]

Is Your House Still the Right House for You After Retirement? 

As you transition into or continue through retirement, one of the most important questions to ask yourself is: Is my house still the right house for me? This question isn’t just about the practical aspects of homeownership, but also about how your home fits into your changing lifestyle, financial situation, and emotional well-being.  For many, […]

Designing Your Ideal Retirement: How to Make the Most of Your Time and Money 

Retirement is more than just a financial milestone; it’s an opportunity to redefine your life and focus on what truly brings you joy. Whether you’ve just retired or are in the planning stages, there are two critical aspects to consider: how you want to spend your time and how to allocate your financial resources. By […]

Do You Have the Money for Your Must-Have Experiences in Retirement? 

As you plan for or live through retirement, one of the most exciting aspects is thinking about all the things you’ve always wanted to do—whether that’s traveling, attending major events, or diving into new hobbies. But while imagining these must have experiences is fun, the reality of paying for them is a different story. Can […]

Defining Your Retirement: How Do You Want to Spend Your Time? 

As I’ve helped many clients transition into retirement, one of the most important questions I ask them is, “How do you want to spend your time?” Retirement isn’t just about financial security; it’s about designing your life around the things that bring you joy and fulfillment. For me, retirement planning is not just about money—it’s […]

Does Your Home Pass the Retirement Test? 

Your home has likely been a place of comfort, security, and countless memories over the years. However, as you approach retirement, it’s important to assess whether your home will continue to meet your needs in this new stage of life. What once worked well may no longer be the best fit as your lifestyle and […]

Is Your House a Retirement Asset or a Liability? 

When you think about retirement, your home likely comes to mind as one of your most significant assets. It’s where you’ve built memories, provided shelter for your family, and perhaps even paid off a mortgage after years of diligent work. However, as you transition into retirement, it’s crucial to ask whether your home will continue […]

Retirement Planning: Considering the Emotional Impact of Selling Your Home 

Deciding whether to sell your home as you approach retirement is a decision fraught with emotional and practical considerations. As Penelope Tzougros of Wealthy Choices®, I’ve guided many clients through this complex process, helping them weigh the pros and cons of staying or moving.  Emotional Ties to Your Home  Your home is likely more than […]

Weighing the Decision to Sell Your Home in Retirement 

  As you approach or enter retirement, one significant question that may arise is, “Should I sell my home?” This decision involves considering various factors, including financial, emotional, and practical aspects. It’s a crucial choice that can significantly impact your retirement lifestyle and financial security.  Financial Implications of Selling Your Home  Selling your home can […]