Due to the circumstances with John and Jenny planning for retirement, and their daughter’s health, I believe it would be best that John and Jenny remain in their home. Purchasing a new home with their daughter doesn’t make sense financially especially with their home almost being free and clear. Their primary home offers many different benefits that shouldn’t be overlooked. First, homes are an inflationary asset and with inflation a worry for John and Jenny it’s better to own inflating assets. Secondly, it can be used as leverage during bull markets, real estate tends to be a major beneficiary during bull markets and at the right opportunity they may be able to take advantage of an increased sale price. Next, the tax benefits for owning
