Buying a home in retirement, whether it's downsizing or moving to a dream location, has unique considerations. Moneko helps retirees navigate this process, from analyzing the financial impact of a move to finding a home that supports aging in place.
Discover personalized financial tools and insights designed specifically for your home buying journey.
Smart categories based on retirees spending patterns and home buying objectives.
Get intelligent recommendations to identify savings opportunities and optimize your financial strategy.
Specialized tracking tools designed specifically for home buying with milestone celebrations.
Connect with other retirees sharing similar financial goals and learn from their experiences.
Get answers to common questions about budgeting for retirees.
Downsizing can free up significant home equity to supplement your retirement income and reduce your costs for maintenance, utilities, and property taxes. It can be a very powerful financial move.
If you have the cash, it provides great peace of mind and simplifies your budget. However, in a low-interest-rate environment, some retirees prefer to take a small mortgage and keep their cash invested for higher potential returns. It's a personal choice based on risk tolerance.
Discover personalized financial guidance for different goals and life stages.
Join thousands of retirees who are already achieving their home buying goals with Moneko's AI-powered platform.