Retire On the House: Using Real Estate To Secure Your Retirement

Retire On the House: Using Real Estate To Secure Your Retirement

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by Gillette Edmunds, James Keene
     
 
Use your home to finance your retirement

Forgot to save for retirement, but bought a house? Saved a lot and also bought a house? Whatever your situation, Retire on the House can show you how to best use your home equity for a long and prosperous retirement.

Focusing on both retirement and real estate, Retire on the House is designed for retiree homeowners who want

Overview

Use your home to finance your retirement

Forgot to save for retirement, but bought a house? Saved a lot and also bought a house? Whatever your situation, Retire on the House can show you how to best use your home equity for a long and prosperous retirement.

Focusing on both retirement and real estate, Retire on the House is designed for retiree homeowners who want to use their home equity to finance their retirement. Filled with valuable insights and practical advice, this unique guide illustrates a number of ways this can be done, including:
* Selling your current home at the top of the market, moving to a less expensive residence, and retiring on your profits
* Obtaining rental income from your current home by renting to boarders
* Remodeling your home into units for much higher rental income
* Three options for obtaining cash from your home without selling, remodeling, or renting it
* Reducing or eliminating retirement expenses such as taxes
* Balancing your real estate portfolio by diversifying with other asset classes

Many of today's homes have tremendous value, and with Retire on the House as your guide, you'll discover how to use this value to achieve the retirement you deserve.

Product Details

ISBN-13:
9780471738930
Publisher:
Wiley
Publication date:
11/11/2005
Pages:
288
Product dimensions:
5.94(w) x 8.98(h) x 0.78(d)

Meet the Author

Gillette Edmunds, a leading expert on investing during retirement, has more than tripled his net worth during retirement. He served as the SmartMoney expert on early retirement for the weekly SmartMoney primetime chatroom on AOL and has been a guest on many local radio programs. He currently writes a regular column for SimpleLiving.com, has appeared on NBC Nightly News, and has been quoted in Barron's, Fidelity Outlook, New Choices, ThirdAge.com, MyPrimeTime.com, and WomensFinance.com. He is also the author of three other books on retirement and investing.

Jim Keene, CFA, CFP, is a regional manager for Wells Fargo Private Client Services, who leads teams investing more than $2 billion in real estate, stocks, and other investments for high-net-worth individuals. A money manager for twenty-five years, he specialized in commercial and residential real estate and other alternative investments. Keene is also a California-licensed real estate broker, teacher of CFA review classes, and on the faculty of the University of San Francisco.

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5 out of 5 based on 0 ratings. 1 reviews.
Guest More than 1 year ago
I love this book because it is well-written and market savvy, but it doesn't talk over my head. The suggestions for how best to utilize my real estate equity are clear and forthright. The predictions for new up and coming areas to purchase in are so helpful(and worth the purchase of the book alone.) Also, the various strategies for planning for retirement make this book an absolute must-have for anyone who owns or dreams of owning a home. I highly recommend this book. As far as financial books go, this gets my highest rating!