‘Plan early for retirement living’

Buying a home or renting are choices that both have advantages for retired people, but planning for accommodations in one’s “golden years” should start early, online property listing service MyProperty.ph said.

MyProperty.ph said that although it is a Filipino tradition for retired people to either move in with their children or vice versa, particularly if the elderly person has health issues or otherwise needs assistance with daily tasks, many elderly people in good health choose to live independently or only with their spouse. For those looking for a home at retirement, renting and buying have different advantages depending on one’s circumstances.