Impact Financial Advisors

Wishing you and your families a very Happy New Year! 🎉

For us, a fresh calendar doesn’t change our core principles.

We’re continuing our focus on three simple habits that serve clients well:

▪️ Clarity over complexity
▪️ Process over predictions
▪️ Proactive communication over waiting for clients to reach out to us

Wishing you and your families good health and steady progress, personally and financially, towards every goal you’ve set for yourself.

🎄 Merry Christmas!

Wishing you and your family a wonderful Christmas. We hope today is filled with faith, laughter, and time with the people you love most.

🏡 When downsizing in retirement, is it better to buy or rent?

For many retirees, selling a long-time home can free up some capital, but the next step isn’t always obvious.

The decision comes down to several key factors:
▪️ Liquidity: Proceeds from selling a home can be invested, but buying again may lock up some capital.
▪️ Flexibility: Renting is one approach to testing a new city, preparing to relocate again, or wanting to avoid maintenance obligations.
▪️ Costs: Buying can offer some stability on housing payments (especially with no mortgage) but adds property taxes and upkeep, while rent might rise over time.
▪️ Legacy goals: Ownership may still be appealing if passing property to heirs is part of the strategy.

💭 Downsizing is often one of the biggest financial transitions in retirement, and the buy-versus-rent choice can meaningfully impact cash flow, lifestyle, and estate management.

Working with a financial professional can help you evaluate which option best aligns with long-term goals. We’re here to help if you or someone you know is facing this decision.