This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
Renting versus owning in 1873 for seniors on fixed income
A 63 year old Minneapolis widow weighs assets including Social Security of 195 dollars monthly and a 2100 dollar annual employment limit, asking how much rent she can afford. She estimates 25 thousand dollars from a sold home and 28 thousand in equity, considers renting at 175 dollars monthly, and weighs tradeoffs like no maintenance and safety against loss of equity. A 50 year old St Clair Shores widow with mortgage and assets seeks guidance while relatives push investments and paying off debt. adviser urges staying put with 5 percent mortgage, budgeting 400 dollars monthly Social Security, and consulting a banker for tax free bonds.
MENTIONED IN THIS ARTICLE
Minneapolis, Minn
Minneapolis
St. Clair Shores
Mich