{"id":145,"date":"2014-10-06T13:47:50","date_gmt":"2014-10-06T17:47:50","guid":{"rendered":"http:\/\/www.torrid-tech.com\/community\/?p=145"},"modified":"2023-07-17T16:43:55","modified_gmt":"2023-07-17T20:43:55","slug":"can-your-home-help-you-with-retirement","status":"publish","type":"post","link":"https:\/\/www.torrid-tech.com\/community\/index.php\/can-your-home-help-you-with-retirement\/","title":{"rendered":"Can your Home help you with Retirement?"},"content":{"rendered":"<p>We get emails and calls all the time from people asking whether their home can be used to help with retirement&#8230;<\/p>\n<p>Specifically you have several options:<\/p>\n<p>&#8211; selling your home and downsizing to a smaller place, possibly in a state with no income taxes<\/p>\n<div id=\"attachment_147\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"http:\/\/www.torrid-tech.com\/community\/wp-content\/uploads\/2014\/10\/house1.jpg\"><img aria-describedby=\"caption-attachment-147\" loading=\"lazy\" class=\"size-full wp-image-147\" alt=\"Sell your home and downsize to a townhouse?\" src=\"http:\/\/www.torrid-tech.com\/community\/wp-content\/uploads\/2014\/10\/house1.jpg\" width=\"300\" height=\"168\" \/><\/a><p id=\"caption-attachment-147\" class=\"wp-caption-text\">Sell your home and downsize to a townhouse?<\/p><\/div>\n<p>&#8211; getting a reverse mortgage that you can use to help ends meet in retirement; this should be used as a last resort<\/p>\n<p>&#8211; consider having a renter by renting out your basement or spare bedroom.<\/p>\n<p>There are definitely pros and cons to these different options.<\/p>\n<p>Check out these resources:<\/p>\n<p><a href=\"https:\/\/www.torrid-tech.com\/product_comparison_chart.html\">[SORRY ARTICLE WAS REMOVED BY MARKET WATCH]<\/a><\/p>\n<p>\u201c<a href=\"https:\/\/www.torrid-tech.com\/community\/index.php\/2017-lots-enhancements\/\">[Old Link Removed]<\/a>\u201d \u2013 comes from the Center for Retirement Research at Boston College.<\/p>\n<p>Do you know anyone who has used their home to help with retirement?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We get emails and calls all the time from people asking whether their home can be used to help with retirement&#8230; Specifically you have several options: &#8211; selling your home and downsizing to a smaller place, possibly in a state with no income taxes &#8211; getting a reverse mortgage that you can use to help [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/posts\/145"}],"collection":[{"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/comments?post=145"}],"version-history":[{"count":6,"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/posts\/145\/revisions"}],"predecessor-version":[{"id":1521,"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/posts\/145\/revisions\/1521"}],"wp:attachment":[{"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/media?parent=145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/categories?post=145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.torrid-tech.com\/community\/index.php\/wp-json\/wp\/v2\/tags?post=145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}