7 Smart Retirement Moves Homeowners Can Make Today For A Better Future

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Planning for retirement is a crucial financial milestone, and for homeowners, it comes with unique opportunities and challenges. Your home can be a valuable asset in securing your future, but it’s essential to make strategic moves to maximize its potential. In this article, we’ll explore 7 retirement moves homeowners could make to ensure a comfortable and financially stable retirement.

1. See How Much You Can Sell Your Home For Right Now (Get An Offer For Your Home With No Real Estate Agent Needed)

outside of a house

Brian Babb on Unsplash

Many people wait for retirement to sell a home, but you don’t need to. Maybe you’re curious how much your home could currently sell for. You may want to upgrade or downgrade now. You may want to sell your home to cash in on home equity, make a move to somewhere you enjoy better, relocate to a more tax friendly location, quality of life, and many other reasons.

Did you know there’s a way you could receive a no obligation cash offer for your home within 24 hours without any broker/agent, or any showings?

There is no obligation to sell and it’s completely free to check what your offer is: Offerpad could give you a competitive cash offer right now. Offerpad is only available in Arizona, Colorado, Florida, Georgia, Indiana, Kansas, Missouri, Nevada, North Carolina, and Texas.

All you need to do is fill in a 3-minute questionnaire. Just fill in some info and Offerpad will carefully evaluate your home with local market expertise.

If you choose to accept your offer, Offerpad will also provide you with free local moving to your next place. You can also pick your closing day, which could be in as little as 24 hours, or choose to extend your stay to live in your current home a little longer.

Find out what your home’s cash offer is in 3 minutes right now.

2. Get Cash Without Using High Interest Credit Cards Or Loans

money stacked on top of each other


There’s a tool many people use that save them big money on interest. It’s a home equity loan which allows you to borrow against your home’s equity when needed. From home renovations to paying off debt to emergency needs, a home equity loan allows you to have the cash you need. By strategically using a Home Equity Loan, you can access funds when necessary and potentially save big money on interest since home equity loans usually have lower rates compared to other forms of credit like high interest credit cards.

A Home Equity Loan allows you to borrow a lump sum of money against the equity you’ve built up in your home. Equity represents the portion of your home’s value that you own outright, beyond what you owe on your mortgage. With a Home Equity Loan, you receive the loan amount upfront, and you’ll make regular fixed payments, typically at a fixed interest rate, over the loan’s term.

You can check your rates now right here with LendingTree in under 2 minutes by answering a few questions and find out how much cash you might be able to get.

LendingTree is an online marketplace that could help you get a home equity loan quickly. It has been finding top loan options for Americans for more than 20 years.

3. Create a Comprehensive Financial Plan With A Top Financial Advisor (This Is Not Just For Wealthy People)

father and son hug by the water


Ultimately, a secure retirement requires a well-thought-out financial plan. Consult with a financial advisor to create a retirement plan that incorporates your home equity, other assets, and future expenses. This plan can help you make informed decisions about when and how to leverage your home’s value.

The best advisors will work with you, as a partner, to make a game plan that puts you on track to achieve your financial goals and retirement dreams.

If you have a portfolio size of over $50,000 (it could be a combination of cash, stocks, bonds or other assets), there are services that make it easier than ever to find trustworthy financial advisers in your area. For example, WiserAdvisor is a free service. You fill out a short questionnaire and are instantly matched with up to three local fiduciary financial advisers, all legally bound to work in your best interests.

The process only takes about a minute, and you’ll be offered a free consultation. WiserAdvisor is an independent matching service that helps individuals find the best financial advisor for their unique needs. They have successfully helped over 100,000+ individuals like you find their ideal financial advisor since 1998.

This has the potential to be hugely beneficial: Take a minute to fill out the short questionnaire now.

4. Maintain Clog-Free Gutters And Prevent CostlyRepaid By Using LeafFilter

man standing on the roof of a house

Zohair Mirza on Unsplash

Don’t overlook the importance of maintaining your home to avoid potential costly issues down the road. One often overlooked aspect of home maintenance is gutter care. Clogged gutters can lead to water damage, which can be expensive to repair. A product like LeafFilter can help ensure your gutters remain free of debris and functioning correctly.

How LeafFilter Works:

LeafFilter is a gutter protection system designed to prevent leaves, twigs, pine needles, and other debris from entering your gutters while allowing water to flow freely. The system consists of a micro-mesh filter that covers your gutters and prevents debris from entering, eliminating the need for frequent gutter cleaning. By keeping your gutters clear, LeafFilter helps protect your home’s foundation, roof, and siding from water damage, which can save you significant expenses in the long run.

Benefits of LeafFilter:

  • Peace of Mind: With LeafFilter installed, you won’t have to worry about climbing ladders to clean your gutters or dealing with potential water damage issues. This peace of mind can make your retirement years more enjoyable and stress-free.
  • Home Value Preservation: Proper gutter maintenance with LeafFilter can help preserve the value of your home, ensuring that it remains an asset you can rely on for financial security during retirement.
  • Long-Term Savings: By preventing water damage and the associated repair costs, LeafFilter can lead to long-term savings, making it a practical investment for homeowners planning for retirement.
  • Incorporating LeafFilter or a similar gutter protection system is a smart move to protect your home and your financial well-being. It’s an investment that can save you money on potential repairs and ensure your home remains a valuable asset as you enter your retirement years.

Get a free quote in 60 seconds and a coupon to save 20% if you choose to move forward with LeafFilter when you’re ready.

5. Shop Around for Homeowners Insurance to Save Big

two men on ladders working outside a purple house

Ricky Singh on Unsplash

When it comes to homeowners insurance, loyalty doesn’t always pay off. You might be surprised to find that you can save a substantial amount of money by shopping around for the best insurance rates.

When considering homeowners insurance options, it’s crucial to explore different providers to find the coverage that suits your needs. Liberty Mutual is a well-established insurance company known for its comprehensive homeowner insurance policies.

  • Comprehensive Coverage: Liberty Mutual offers a range of coverage options tailored to your unique requirements. Whether you need protection for your home, personal belongings, or liability coverage, Liberty Mutual can provide comprehensive policies that ensure your peace of mind during retirement.
  • Customizable Policies: One size doesn’t fit all, and Liberty Mutual recognizes that. They offer customizable policies, allowing you to select the coverage limits and deductibles that fit your budget and circumstances. This flexibility ensures you’re not overpaying for coverage you don’t need.
  • Discounts and Savings: Liberty Mutual offers various discounts that can help you save on your homeowners insurance premiums. These discounts may include bundling your home and auto insurance, having a security system, being claim-free, and more. These savings can make a significant difference in your retirement budget.
  • Financial Strength: Liberty Mutual is a financially stable company with a strong track record, giving you confidence that they’ll be there to support you in the event of a claim.

It takes under 2 minutes to get a free quote from Liberty Mutual now.

Homeownership offers numerous opportunities for securing your retirement, but it also requires careful planning and decision-making. By considering these seven retirement moves, you can make the most of your home’s potential and enjoy a financially stable future. Remember to consult with a financial advisor to tailor these strategies to your specific circumstances and goals.

6. Diversify Your Retirement Portfolio with Gold or Real Estate Investments No Matter Your Income Level

gold bars

Jingming Pan on Unsplash

It’s essential to consider diversifying your investment portfolio to safeguard your financial future. Utilizing an Individual Retirement Account (IRA) to invest in gold or real estate can be a strategic move. Here’s why and how:

Gold Investments via a Precious Metals IRA:
– You can open a self-directed Equity Trust IRA, which allows you to invest in gold, silver, and other precious metals.
– Diversifying with precious metals can help protect your portfolio against economic downturns and inflation.
– Ensure you work with a reputable custodian like Equity Trust IRA who is experienced in handling precious metals within IRAs.

Real Estate Investments via a Self-Directed IRA:
– A Self-Directed Equity Trust IRA offers the flexibility to invest in various real estate assets, including residential and commercial properties, rental properties, and real estate notes.
– Real estate can provide rental income and potential property appreciation, contributing to your retirement income.
– While investing in real estate through an IRA, it’s vital to understand the rules and regulations, such as prohibited transactions and tax implications.

With a self directed Equity Trust IRA you can now set up a retirement account that allows you to invest in gold, real estate, and more. Equity Trust has been in business for more than 45 years, and has over $39 billion in retirement assets under custody and administration. They have over 400 client-focused associates that are there to provide dedicated, personalized service.

Benefits of Diversifying with Gold and Real Estate:
– Hedge Against Market Volatility: Both gold and real estate often have a low correlation with traditional stock and bond markets, making them potential hedges against market volatility.
– Income Generation: Real estate can generate rental income, while precious metals can appreciate over time, potentially providing additional income during retirement.
– Portfolio Diversification: Diversifying your retirement portfolio with tangible assets like gold and real estate can help spread risk and increase the likelihood of achieving your financial goals.

Before investing in gold or real estate through an IRA, start by requesting your free self-directed IRA success kit from Equity Trust. Then when you’re ready, set up a free no obligation phone call with one of the Equity Trust associates that can help you set up your Equity Trust IRA account if you choose to do so.

7. Consider Diversifying Your Portfolio with An Asset That Has Outperformed The Stock Market

money artwork

BP Miller on Unsplash

Diversifying your investment portfolio can extend beyond traditional assets. Exploring alternative investments like art through platforms like Masterworks can be an intriguing option. Here’s how to incorporate art into your retirement strategy:

Invest in Art with Masterworks:
– Masterworks is an innovative platform that allows you to invest in shares of fine art. You can participate in the art market without needing to purchase entire artworks.
– The platform acquires and securitizes high-value artworks, splitting them into shares that investors can buy.
– By investing in art through Masterworks, you gain exposure to an asset class that has historically shown resilience during economic downturns.

Benefits of Art Investments:
– Portfolio Diversification: Art investments can provide diversification beyond traditional stocks and bonds, potentially reducing overall portfolio risk.
– Potential for Capital Appreciation: Valuable artworks can appreciate over time, offering the potential for capital gains when they are sold.
– Tangible Asset: Art investments provide a tangible asset that can be enjoyed visually while potentially increasing in value.

Important Considerations:
– Long-Term Perspective: Art investments may require a longer investment horizon, so it’s essential to align them with your retirement timeline and goals.
– Risk Management: The art market can be volatile, so it’s advisable to include art investments as part of a diversified portfolio, rather than as the sole investment strategy.
– Research and Due Diligence: Evaluate the specific artworks offered by platforms like Masterworks and consider factors like the artist’s reputation, historical performance, and market trends before investing.

Get priority access to their new offerings, skip the waitlist and sign up with Masterworks today.