What Do We Do With The House?

 
If you're like most Americans, the most expensive thing you own is your house. It is the gravitational center of your financial universe, a solid mass of equity and debt around which all your lesser investments revolve. Plus, think of the symbolism.

Some experiences--divorce, widowhood, retirement--often force people to make tough decisions about their real estate. Here's how eight ThirdAgers handled their houses in the midst of some serious life-changes.

Which contingency best describes your situation?

My parents want to move in with me
My kids want to move back in with me
My spouse wants to divorce me
My spouse died
I want a second house
I want to retire
My kids have all left the house
I got sacked at work


 
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