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We’re in our 60s and have millions of dollars for retirement — should we rent or buy our next home?

·7 min read
We’re in our 60s and have millions of dollars for retirement — should we rent or buy our next home?

HELP ME RETIRE Dear MarketWatch, My wife and I recently sold our home. After paying capital gain taxes, we look to net about $1 million. We are both in our late 60s. My wife is retired, and I work part time in my profession, currently grossing approximately $50,000 a year.