You said you once had a renter but no longer. If you're looking for occasional side money, consider renting out that room occasionally as an airbnb rental. I do that with a room in my house which has access to its own private bathroom and private outside access when they want without every having to come over to my side of the living area. If your condo is set that way, and if you're only interested in occasional money on a monthly basis, just open it up for a rental for one or two weekends. That's why I like it, I can set or block dates, control how much I charge, and choose who decides to rent it for a night or two based on their reviews from other hosts.
I'm not advocating any specific company, but my Mom retired and had all her funds in Vanguard. Whether it be her grandson's (my son's) 529 plan, or her ROTH, her Traditional IRA, and brokerage. And Vanguard also has target date funds which part of her IRA is in. The benefit of all this, is you'd be consolidating all investments with one company's web site with one password to access all your funds, stocks, etc,. And you can also give your wife power of attorney over it. This way everything is in one place and she has instant authority to access the accounts if you were to ever become incapacitated and she needed access.
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You said you once had a renter but no longer. If you're looking for occasional side money, consider renting out that room occasionally as an airbnb rental. I do that with a room in my house which has access to its own private bathroom and private outside access when they want without every having to come over to my side of the living area. If your condo is set that way, and if you're only interested in occasional money on a monthly basis, just open it up for a rental for one or two weekends. That's why I like it, I can set or block dates, control how much I charge, and choose who decides to rent it for a night or two based on their reviews from other hosts.
Post: Getting by on Less
Link to comment from January 11, 2022
I'm not advocating any specific company, but my Mom retired and had all her funds in Vanguard. Whether it be her grandson's (my son's) 529 plan, or her ROTH, her Traditional IRA, and brokerage. And Vanguard also has target date funds which part of her IRA is in. The benefit of all this, is you'd be consolidating all investments with one company's web site with one password to access all your funds, stocks, etc,. And you can also give your wife power of attorney over it. This way everything is in one place and she has instant authority to access the accounts if you were to ever become incapacitated and she needed access.
Post: Resolved: Three Tasks
Link to comment from January 11, 2022