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.

Apple PodcastsSpotifyGoogle PodcastsStitcheriHeartRadioTuneInAmazon MusicRSS

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 73: Getting it Right: Irreversible Financial Decisions

There are plenty of decisions that you’ll make in the retirement planning process that can’t be undone, so you want to make sure that you make the right call. In this episode, we’ll explain why these decisions are so important and can’t be undone.

Ep 72: Can’t Get No Satisfaction… Or Can You?

Want to know the secrets to experiencing satisfaction in retirement? We’ve discovered five key situations in which your financial plan needs to lead you. If you can key in on these five points, you’ll have a high chance to achieve retirement satisfaction.

Ep 71: Going Against the Grain to Achieve Your Retirement Goals

Being a good advisor isn’t about winning a popularity contest or just saying the same things that everyone else in the industry says. It’s about giving the best advice that you can for each individual situation. On today’s show, we’re going to peel back the curtain to discuss some areas where a good financial advisor’s opinions might go against the grain with mainstream ideas in the industry.

QUESTIONS FOR DALE?

MORE WAYS TO GET IN TOUCH

952-401-1671

dale@tondrykfinancial.com