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But there are also certain donts that apply specifically to new retirees.
If you drain all your savings on the house and then youre stuck using credit cards for emergencies?
Thats going to create more problems down the road.
check that your monthly mortgage payments are affordable even if your Social Security or pension doesnt increase over time.
But thats not the case for most new retirees.
For another, you might not have the extra funds to pay for professionals to do the work.
When buying a home as a new retiree, look for something modern and move-in ready.
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