One can continue to reside in the property and the loan, along with the interest gets repaid when the house is sold off after their demise or they choose to move out of the house.

Whether you should opt for independent living or retirement community living will depend on several factors.

A house purchase is a big investment, so weigh carefully all the aspects, its pros and cons, before deciding. Here are some things to consider before purchasing a house or an apartment.

Despite all the efforts and planning, retirees may sometimes face financially challenging situations. In such an emergency, a home can be used as collateral to get a loan, but should you really go for it?