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For Rent signs outside of a apartment in Vancouver, British Columbia on June 23, 2014.The Globe and Mail

I had an e-mail from a 30-something reader in Edmonton the other day in which she talked about selling a house and renting instead. "Phew. Relief," was her comment on the financial flexibility she and her partner gained.

A Halifax retiree I wrote about a couple of weeks ago said his wife felt the same way about selling their house and moving to a rental apartment. "She finds the simplicity of living in the apartment so much more gratifying than the constant worry of maintaining the house, a good part of which we weren't living in."

Now let's hear another take on the benefits of renting, specifically for retirees. It's an article produced for a U.S. financial services company called MassMutual that thoroughly reviews the benefits of renting. American retirees seem to be similar to Canadians – most want to remain in their homes. Still, the article concludes, "renting offers the opportunity for increased cash flow, greater flexibility, more accessible accommodations, and a simpler lifestyle."

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