The pandemic has changed what retirement looks like for many Americans. Some were forced to push back their plans to retire, others took advantage of the bizarre lull in workplace activity to call ...

Additionally, owners may opt to raise the monthly rent, reducing pricing stability for retired renters. “Many retirees who were renting during the pandemic in my area had to relocate because ...

Let’s break down the pros and cons of rent-to-own homes so you can decide if it’s the right move for you. Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money.

What are the Pros of renting? The price you pay is the price you pay – generally there aren’t any additional costs other than one monthly payment. Maybe utilities.

Pros of Renting First, here’s a look at the pros of renting in retirement — benefits that you don’t get if you own a home. Explore More: 8 States To Move to If You Don’t Want To Pay Taxes ...

More than 7 million adults of ages 65 and above rent instead of own in the U.S. While they are at risk to rent price increases, they save on home maintenance costs.

Pros and Cons of Renting Versus Owning in Retirement originally appeared on usnews.com Update 02/06/25: This story was published at an earlier date and has been updated with new information ...