Ep 24: How Your Home Fits into Retirement Planning

Your home is one of the biggest assets in your financial portfolio and there are a lot of decisions to make related to real estate. Let’s talk about the conversations we have with clients about mortgages, rental properties, downsizing, and more.
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The Game Plan

Practically every client we work with wants to know whether they should pay off their mortgage before retiring. It’s an important discussion and one we have quite frequently.

But there’s a wide range of conversations that come with real estate in your retirement plan. Today we’ll look at a few of those additional topics that come up like whether to downsize, rental properties, and making real estate part of your estate plan.

 

The X’s & O’s

Check out the timestamps below to skip around to specific topics on the show.

[1:53] – Background on the conversation today 

[2:35] – Pay it off as soon as possible or slowly?

[6:40] – Is it wise to downsize? 

[8:48] – Having the emotional attachment to your home.

[10:24] – Good idea to have a rental property to generate income?

[12:00] – Real estate as part of legacy planning

 

“This is such a great topic because I think that just about every client that comes in, when we’re talk about retirement planning, this is a question that comes up.“

– Dale Tondryk

More To Explore

Ep 88: The Retirement Lifestyle

We’re taking a quick break from the Xs and Os of retirement finances today. Instead, we’re going to talk about some other important pieces of forming your retirement lifestyle. Join us as we discuss staying busy, the significance of social connections after you’ve stopped working, and maintaining your physical and mental health throughout retirement.

May 18, 2023

Ep 87: Social Security Myths

Have you ever wondered if the Social Security system will run out of money before you retire? Or if claiming benefits as soon as you’re eligible is the best decision for your financial future? In this episode, we’ll be debunking common myths about Social Security and answering the questions you’ve been curious about.

May 4, 2023

Ep 86: Don’t Get Lost In Retirement

Getting lost while driving in the car or hiking in the woods is kind of like getting lost in retirement planning. It can be tough to find your way without the right guidance and tools. But fear not! In today’s episode, we’re going to explore the most common mistakes people make in retirement planning and share some insightful advice to help you stay on track.

April 20, 2023

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com

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