You are receiving this email because you signed up to receive Bob Carlson's free e-letter Retirement Watch Weekly, or you purchased a product or service from its publisher, Eagle Financial Publications. [Carlson's Retirement Watch Weekly] [Retirement Reports](www.retirementwatch.com/retirement-resources/) [Retirement Articles](www.retirementwatch.com/retirement-articles/) Brought to you by Eagle Financial Publications How To Make Your Home Equity a Retirement Asset by Bob Carlson
Editor, [Retirement Watch]( 04/21/2024 SPONSORED [FREE Report: MarketBeatâs Top 10 stocks to own now](
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[image]( Congress is spurring on the most dangerous retirement threat of the last 50 years. One of Americaâs top retirement researchers reveals the deadly truth behind this government move⦠Plus the ONLY way to fully protect wealth in the coming months. [Click Here for the Full Story.]( [CLICK HERE...]( Downsizing can have two benefits. First, downsizing creates additional liquid assets. You sell the old home and purchase a new home that is less valuable than the old home. The difference is cash in hand for you that can be invested to generate additional retirement cash flow. Or you can use it to pay debt. Either way, eventually it increases retirement cash flow. The trick is to not overestimate the amount of cash downsizing will create. It costs money to buy and sell homes and move your goods to the new home (or acquire new furnishings and accessories). Many people overestimate the cash theyâll net from selling their old homes. As such, they often âdownsizeâ to a home thatâs more expensive than they really should have purchased. The result is a lot of real estate activity without increasing their nest eggs by much. A good rule of thumb in most areas is that the costs of buying, selling, and moving will cost about 10% of the value of your current home. Second, downsizing should decrease your monthly expenses. Youâve moved into a home thatâs less expensive to own, so your monthly cash flow available to pay for expenses other than housing should increase. Downsizing also could have nonfinancial benefits by making your life easier and less stressful. Youâll have less home to clean and maintain. It also might be easier for you to move around the home, and the neighborhood might be more suitable to this stage of your life. In next week's issue of Retirement Watch Weekly, we'll discuss more ways to make your home equity more of a retirement asset. To a better retirement,
[Bob Carlson]
Bob Carlson
Editor, Retirement Watch Weekly Editorâs Note: Forget all youâve heard about IRA conversion. There are too many rules of thumb, shortcuts and misinformation floating around. Thatâs why Iâve created The Retirement Watch IRA Conversion Calculator. It will help you figure out how the different variables may change the results of a conversion, and allow you to customize the estimates for your unique situation or a range of possible situations. [Click here now to get access.]( SPONSORED [Your Recession Shield is A.I.](
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[Finding Higher Returns With Low Risk]( New to the Retirement Watch Community: SeniorResource.com Estate planning goes beyond just writing a will. Itâs a crucial roadmap for safeguarding your legacy and minimizing tax burdens for your heirs. Thinking about how to protect your wealth and ensure it passes smoothly to your loved ones? This podcast episode and accompanying video offer a deep dive into estate planning and the tax strategies that can benefit your family. [Click here now to watch.]( About Bob Carlson: [Bob Carlson]Robert C. Carlson is the author of the books The New Rules of Retirement and Retirement Tax Guide, editor and investment director of the popular retirement newsletter, Retirement Watch, and editor of the free weekly e-letter, Retirement Watch Weekly. Bob is a frequent speaker at investment conferences around the country, and you can also hear Bob as a featured guest on nationally-syndicated radio shows, such as The Retirement Hour, Dateline Washington, Family News in Focus, The Michael Reagan Show, Money Matters and The Stock Doctor. About Us:
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