Menu

Post image 1
Post image 2
Post image 3
Post image 4
1 / 4
0

Is $3.2 Million Enough to Retire in an Expensive College Town?

Latest from Kiplinger ·Maurie Backman·3 days ago
#BQmOlyHr
#kiplinger#college#home#says#town#property
Reading 0:00
15s threshold

(Image credit: Getty Images) As retirement approaches , you may be considering a move to a college or university town. Whether you want to retire near your old alma mater or are considering a different college town, you know the allure. These areas often have a high quality of life, with good walkability, attractive architecture, great restaurants and of course, access to a vibrant community. Buying a home in a college town you love could work out well if you can swing it based on current property values. Your analysis will need to go beyond home values, however, as property taxes, access to healthcare and other considerations may prove just as important. Here's how a financial professional and a couple of real estate experts suggest you approach the decision. We include a case study of a couple with a $3.2 million portfolio. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor.…

Continue reading — create a free account

Join HashtagPLUS to read full articles, follow hashtags, vote, and join the conversation.

Read More