A 58-year-old nurse should buy a condo while maintaining 15% income contributions to retirement accounts, targeting a 7-to-8-year payoff timeline to eliminate housing costs before retirement and ...

Older Americans are often advised to swap standalone homes for condos in retirement. Condos can be easier to maintain, since an HOA fee commonly manages common areas. And they tend to be more ...

Karen, a 58-year-old nurse earning $90,000 annually, called The Ramsey Show with a straightforward question: should she buy a condo or pour everything into retirement savings? She had $230,000 already ...