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WSJ: Single Women Over 55 Home Buying Trend

Submitted by LWM | Linden Wealth Management LLC on June 29th, 2018
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Today's Journal published:  A New Life, A New House.  Whether divorced or never married, single women over 55 are among the fastest-growing demographic of home buyers.  

Last year, single older women made up 8.2% of all home buyers, roughly double the number 20 years ago.  These women buy homes at nearly twice the rate of their male counterparts.  

There are more single women than men, reflecting the fact that men are more likely to quickly remarry and don't live as long.

This trend also recognizes the growing financial independence of single women, a willingness to strike out on their own and begin a new chapter later in life:

https://www.wsj.com/articles/the-rise-of-the-older-single-female-home-buyer-1530196234

 

As a fiduciary and fee-only advisor, I don't make money by selling financial products.  I'm free to recommend the strategies and investments that make sense for couples and individuals, based on a clear understanding of where you're headed in life.  

If an open conversation of this kind will be helpful to you, request an appointment now.  Feel free to call out any specific questions you'd like me to address.

http://www.lindenwm.com/contact

*This content is developed from sources believed to be providing accurate information. The information provided is not written or intended as tax or legal advice and may not be relied on for purposes of avoiding any Federal tax penalties. Individuals are encouraged to seek advice from their own tax or legal counsel. Individuals involved in the estate planning process should work with an estate planning team, including their own personal legal or tax counsel. Neither the information presented nor any opinion expressed constitutes a representation by us of a specific investment or the purchase or sale of any securities. Asset allocation and diversification do not ensure a profit or protect against loss in declining markets. 

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  • investment management,risk management,personal finance

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