According to recent retirement surveys, 26% of surveyed retirees said their housing expenses were higher than expected. The DiMora Team are real estate experts in the Northville and Novi neighborhoods and we have seen surveys report that even with money coming in from investments, retirement accounts, and Social Security, retirees will be strapped for cash on a monthly basis if they don’t cut their costs and come up with a budget they can live with. Whether it’s the cash received from selling a home, or money in an IRA, when it comes to making your money last you need to make sure you’re not spending more than you should on an annual basis. A financial plan can help you determine how much you can spend, based on what your resources may be able to provide for you over your life expectancy. Check out below to see what sold in Country Club Village in October 2020:
16035 Homestead Circle, Northville: 4 bedrooms, 3.1 bathrooms, 2,700 sq. feet, 2 car garage, Sold Price: $419,000
Country Club Village Home Sold
October 2020
Reducing living expenses is almost a rite of passage for retirees because practically everybody’s doing it. In fact, the average retired household spends 25% less than the average working household. For more information on Country Club Village, or similar Northville or Novi neighborhoods such as Blue Heron Pointe, Island Lake Arbors and Lairdhaven, contact The DiMora Team today at 248-505-7728 or jim@dimora.com.