Kiplinger

Should You Rent or Buy Your Next Home in Retirement?

A welcome mat, surrounded by boxes and shoes, says home sweet home.

The housing market is hot, and it’s a great time to sell your home. Still, if you’re thinking about renting your next one, consider the tradeoffs. Renting temporarily is fine if you want to try a new location or if you anticipate moving frequently early in retirement. But the longer you rent in retirement, the riskier it becomes. usually makes more sense if you plan to stay put at least five to seven years—long enough

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