Retire On the House: Using Real Estate To Secure Your Retirement
Product Description
Use your home to finance your retirement
Forgot to save for retirement, but bought a house? Saved a lot and also bought a house? Whatever your situation, Retire on the House can show you how to best use your home equity for a long and prosperous retirement.
Focusing on both retirement and real estate, Retire on the House is designed for retiree homeowners who want to use their home equity to finance their retirement. Filled with valuable insights and practical advice, this unique guide illustrates a number of ways this can be done, including:
* Selling your current home at the top of the market, moving to a less expensive residence, and retiring on your profits
* Obtaining rental income from your current home by renting to boarders
* Remodeling your home into units for much higher rental income
* Three options for obtaining cash from your home without selling, remodeling, or renting it
* Reducing or eliminating retirement expenses such as taxes
* Balancing your real estate portfolio by diversifying with other asset classes
Many of today's homes have tremendous value, and with Retire on the House as your guide, you'll discover how to use this value to achieve the retirement you deserve.
Product Details
- Amazon Sales Rank: #628790 in Books
- Published on: 2005-11-25
- Original language: German
- Number of items: 1
- Binding: Paperback
- 288 pages
Editorial Reviews
From the Back Cover
Use your home to finance your retirement
Forgot to save for retirement, but bought a house? Saved a lot and also bought a house? Whatever your situation, Retire on the House can show you how to best use your home equity for a long and prosperous retirement.
Focusing on both retirement and real estate, Retire on the House is designed for retiree homeowners who want to use their home equity to finance their retirement. Filled with valuable insights and practical advice, this unique guide illustrates a number of ways this can be done, including:
- Selling your current home at the top of the market, moving to a less expensive residence, and retiring on your profits
- Obtaining rental income from your current home by renting to boarders
- Remodeling your home into units for much higher rental income
- Three options for obtaining cash from your home without selling, remodeling, or renting it
- Reducing or eliminating retirement expenses such as taxes
- Balancing your real estate portfolio by diversifying with other asset classes
Many of today's homes have tremendous value, and with Retire on the House as your guide, you'll discover how to use this value to achieve the retirement you deserve.
About the Author
Gillette Edmunds, a leading expert on investing during retirement, has more than tripled his net worth during retirement. He served as the SmartMoney expert on early retirement for the weekly SmartMoney primetime chatroom on AOL and has been a guest on many local radio programs. He currently writes a regular column for SimpleLiving.com, has appeared on NBC Nightly News, and has been quoted in Barron's, Fidelity Outlook, New Choices, ThirdAge.com, MyPrimeTime.com, and WomensFinance.com. He is also the author of three other books on retirement and investing.
Jim Keene, CFA, CFP, is a regional manager for Wells Fargo Private Client Services, who leads teams investing more than $2 billion in real estate, stocks, and other investments for high-net-worth individuals. A money manager for twenty-five years, he specialized in commercial and residential real estate and other alternative investments. Keene is also a California-licensed real estate broker, teacher of CFA review classes, and on the faculty of the University of San Francisco.
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