Personal Finance 1st Edition by Jack R. Kapoor

Exercise 21

1 What are some housing options for retirees?

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2 How can retirees avoid retirement housing traps?

Action Application Contact assisted-living facilities, nursing homes, and continuing care communities in your area. Prepare a list of advantages and disadvantages of your housing choice.

Step 1 of 2

1.

Some housing option for retirees are:

1. Their present home

2. Single family dwelling

3. A condominium

4. An apartment.