Blog

blog image

Goodbye Tension, Hello Pension

February 15, 20231 min read

February 15, 2023

By Isabel Guzman, Realtor®

Video Transcription

Attention all Baby Boomers, are you planning on retiring? Great news, your home equity can actually help you achieve your goal! Hi, I’m Isabel Guzman broker assoicate and realtor with exp realty. Whether you have just retired or are thinking about retiring, you may realize your current home may no longer suit your new lifestyle.

It may be time to sell. According to research from the Retirement Industry Trust Association, the typical retirement age is 65 years old, and most homeowners have built up enough home equity

to help with this next phase of their lives. It may be time to downsize, move closer to family, or purchase a home in your dream destination that is less expensive and with a better climate. Your current home equity may help you achieve that goal. According to the National

Association of Realtors, “A homeowner who purchased a typical home five years ago would have gained $125,300 (one hundred twenty five thousand three hundred dollars) from just price appreciation alone.” Of course, if you have been in your home much longer, that number can be significantly higher. As always, there can be some risk, given home equity is such a big part of someone’s net worth and your biggest asset. It’s best to consult with a trusted real estate professional who can help determine the best options for you as you move into the golden years of retirement. Please feel free to contact us with any questions so we can help you make an informative decision in today’s market. I'm Isabel Bringing you home

Pension InformationsNew Braunfels Real EstateReal EstateNew BraunfelsNew Braunfels RealtorTexas RealtorSpanish RealtorIsabel GuzmanIsabel Guzman RealtorIsabelMyRealtorColibriGroup
blog author image

Isabel Guzman

Isabel Guzman, Broker Associate & Realtor® with eXp Realty, is the founder and owner of the Colibri Group.

Back to Blog

Isabel Guzman, Broker Associate & Realtor®

GRI, EPRO, B.A, RENE

301 Main Plaza #214

New Braunfels, TX 78130

Phone: (830) 832-5589

Isabel Guzman is a licensed Broker and Real Estate Agent in the State of Texas and is a leading authority on Central Texas area real estate.

Her love for the communities she lives and works in are why we do what we do. Get to know her and see for yourself her passion and commitment to her profession and her community.

© 2021-2023 The Colibri Group