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Avoid Housing Crunch By Employing A Sound Strategy

September 15, 2014 By Michael Stuart

Baby Boomers Need To Plan and Strategize To Overcome Increasing Housing Costs in Retirement

Those American Baby Boomers born between 1946 and 1964 are facing some pretty serious issues in the foreseeable future none of which are as daunting as the cost of housing in their retirement years.

Notwithstanding the estimated costs of $220,000 a couple will need in retirement for health care costs housing costs will dwarf that number as most experts believe that boomers will be forced to spend in excess of 30% of their monthly incomes supporting their abodes.  The struggle is just beginning because housing costs, both for ownership and for rentals, is skyrocketing throughout the country.

See on Scoop.it – Texas Coast Real Estate

Source: shellyrobersonrealtor.com

Filed Under: Retirement Tagged With: boomers, retirement

About Michael Stuart

Mike's experience in the technology industry is quite extensive, serving both as a designer of complex enterprise applications and as a corporate executive. In his previous life, Mike was founder and CEO of AssetWorks Inc. the industry leader in facility management solutions. Currently living on the Texas coast helping with digital strategies using Amplified Content Marketing.

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