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Category: Condos

Should I live in an apartment or a condo upon retirement?

Should I live in an apartment or a condo upon retirement?

Condos are real-estate complexes composed of a set of individual apartment units, and common areas (swimming pool, garden, private security, etc.). Inhabitants maintain ownership of their respective units or rent them. In addition, residents can take advantage of common areas and facilities in exchange for payment of monthly fees or a slightly more elevated monthly […]

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Should You Rent or Own Your Home During Retirement?

Should You Rent or Own Your Home During Retirement?

Retirement, if improperly managed, can become synonymous with a decline in monthly income, as the amount of retirement pensions is lower than wages. Of course, some expenses can also be reduced when you retire: children are generally no longer dependent, and although you may have time to look after your own home, and you may […]

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