9 Tips to Reduce Housing Costs in Retirement

Reduce property taxes

Most retirees are losing big opportunities of saving extra money simply because they are not aware of their benefits. Senior homeowners above a certain age are eligible for multiple property tax discounts depending on jurisdictions. The first step is to find out when you can sign up for property tax breaks in the area you live. Make sure, though, to factor in property taxes, as well as other exemptions provided to retirees before making any moves.

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